ROCHESTER, N.Y. (Dec. 10, 2013) — The board of directors of Monro Muffler Brake Inc. has declared a quarterly cash dividend of 11 cents per share.
The Rochester-based automotive and tire service chain said the dividend will be paid on outstanding shares of common stock including the shares of common stock to which the holders of the company's Class C Convertible Preferred Stock are entitled.
The dividend is payable on Dec. 26 to shareholders of record at the close of business on Dec. 16.
Monro operates a chain of stores in the U.S. 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.