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Monro declares cash dividend, to present at NYC conference

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ROCHESTER, N.Y. (March 6, 2014) — Monro Muffler Brake Inc.’s board of directors has declared a quarterly cash dividend of 11 cents per share on the company’s outstanding shares of common stock.

The arrangement includes the shares of common stock to which the holders of Monro’s Class C Convertible Preferred Stock are entitled, the company said. The dividend is payable on March 28 to shareholders of record at the close of business on March 18.

The company also announced that President and CEO John Van Heel and Robert Gross, chairman, will make a presentation at the TAG 6th Annual Spring Consumer Conference in New York City. Their appearance is scheduled for 1:10 p.m. ET on March 26.

A live webcast of the presentation will be available via the Investor Relations section of the company’s website and will be archived for two weeks.

Rochester-based Monro operates a chain of retail stores providing automotive undercar repair and tire services under the brand names of Monro Muffler Brake and Service, Mr. Tire, Tread Quarters Discount Tires, Autotire, Tire Warehouse, Tire Barn and Towery’s Tire and Auto Care. The company has 954 stores in 22 states.

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Previous | Published December 6, 2016

How does your shop support the community during the holiday season?

We collect canned goods
11% (5 votes)
We collect items for Toys for Tots
31% (14 votes)
We provide free automotive service for those in need
4% (2 votes)
We collect money for local charity
9% (4 votes)
We don’t participate in any organized efforts
44% (20 votes)
Total votes: 45
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