ROCHESTER, N.Y. (Feb. 27, 2015) — Monro Muffler Brake Inc.'s board of directors has declared a quarterly cash dividend of 13 cents per share on the company's outstanding shares of common stock.
The payout includes shares of the Rochester-based firm's common stock to which the holders of the company's Class C Convertible Preferred Stock are entitled. The dividend is payable on March 27 to shareholders of record at the close of business on March 17, Monro said.
The provider of automotive undercar repair and tire services operates a chain of 1,006 stores in 25 states under the brand names of Monro Muffler Brake and Service, Mr. Tire, Tread Quarters Discount Tires, Autotire, Tire Warehouse, Tire Barn, Ken Towery's Tire and Auto Care and The Tire Choice.