Texas Roadhouse’s (NASDAQ:TXRH) authorizes the payment of a cash dividend of $0.30 per share

On Friday Texas Roadhouse’s (NASDAQ:TXRH) stock rose 0.29% and closed at 57.85. The stock opened the session at $57.86 and touched its highest price point at $58.68. Its recent trading capacity is 645867 shares versus to its average trading volume of 958238 shares. The company’s stock’s lowest price point for the session stood at $57.7. TXRH traded as low as $ 47.52 in the past 52 weeks, and shares hit its peak level to $67.81.

On Nov. 22, 2019, Texas Roadhouse’s (NASDAQ:TXRH) Board of Directors  authorized the payment of a cash dividend of $0.30 per share of common stock. This payment will be distributed on December 27, 2019, to shareholders of record at the close of business on December 11, 2019.

About the Company

Texas Roadhouse is a casual dining concept that first opened in 1993 and has grown to 605 restaurants system-wide in 49 states and ten foreign countries.

Forward-looking Statements

Certain statements in this release that are not historical facts, including, without limitation, those relating to our anticipated financial performance, are forward-looking statements that involve risks and uncertainties.  Such statements are based upon the current beliefs and expectations of the management of Texas Roadhouse. Actual results may vary materially from those contained in forward-looking statements based on a number of factors including, without limitation, the actual number of restaurants opening; the sales at these and our other company and franchise restaurants; changes in restaurant development or operating costs, such as food and labor; our ability to acquire franchise restaurants; our ability to integrate the franchise restaurants we acquire or other concepts we develop; our ability to continue to generate the necessary cash flows to fund our new restaurant growth, continue our share repurchase program and pay a quarterly cash dividend; strength of consumer spending; pending or future legal claims; breaches of security; conditions beyond our control such as weather, natural disasters, disease outbreaks, epidemics or pandemics impacting our customers or food supplies; food safety and food-borne illness concerns; acts of war or terrorism and other factors disclosed from time to time in our filings with the U.S. Securities and Exchange Commission. Investors should take such risks into account when making investment decisions. Shareholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update any forward-looking statements, except as required by applicable law.

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