Meritage Hospitality Group Inc (MHGU.PK) Key Developments | Reuters.com
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Meritage Hospitality Group Inc (MHGU.PK)

MHGU.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Meritage Hospitality Group, Inc announces 100% cash dividend increase
Wednesday, 11 Nov 2015 10:57am EST 

Meritage Hospitality Group, Inc:Announces 100% cash dividend increase.Sets dividend of $0.03 per share.Says updated full year 2015 outlook.  Full Article

Meritage Hospitality Group Inc raises FY 2015 earnings guidance
Tuesday, 13 Oct 2015 08:00am EDT 

Meritage Hospitality Group Inc:Raises FY 2015 earnings guidance.Expects FY 2015 EBITDA growth of 85% to 90% from prior guidance of 55% to 65%.Expects FY 2015 net income growth of 110% to 115% from prior guidance of 100%.  Full Article

Meritage Hospitality Group Inc reports acquisition of 15 Wendy's Restaurants in Toledo, Ohio
Wednesday, 29 Jul 2015 08:30am EDT 

Meritage Hospitality Group Inc:Has completed acquisition of 15 Wendy's restaurants located in Toledo, OH.Company estimates acquisition will add about $19.0 mln in annual sales and be accretive to consolidated earnings and EBITDA going forward.  Full Article

Meritage Hospitality Group Inc declares dividend
Thursday, 21 May 2015 04:36am EDT 

Meritage Hospitality Group Inc:Announces that the company's board of directors approved a special dividend of $.03 per share at the May 19 board of directors meeting.Says the dividend is payable on June 26, to shareholders of record on June 5.  Full Article

Meritage Hospitality Group Inc gives FY 2015 guidance
Friday, 17 Apr 2015 09:00am EDT 

Meritage Hospitality Group Inc:Sees FY 2015 sales growth of 25 pct. to 30 pct.Sees FY 2015 EBITDA growth (a non-GAAP measure) of 60 pct. to 65 pct.Sees FY 2015 Net Income growth of 95 pct. to 100 pct.  Full Article

Meritage Hospitality Group Inc gives FY 2015 outlook
Wednesday, 11 Feb 2015 04:22pm EST 

Meritage Hospitality Group Inc:Expects FY 2015 sales growth of 25 pct. to 30 pct.Expects FY 2015 net Income growth of 100 pct. to 110 pct.Expects FY 2015 EBITDA growth (a non-GAAP measure) of 55 pct. to 65 pct.  Full Article

Meritage Hospitality Group Inc declares quarterly dividend
Wednesday, 11 Feb 2015 04:22pm EST 

Meritage Hospitality Group Inc:Declares quarterly dividend on its Series B Cumulative Convertible Preferred stock and increased its Common Share special dividends by 50 pct during the year.  Full Article

Meritage Hospitality Group Inc completes acquisition of Wendy's Restaurants in Tallahassee, Florida
Thursday, 15 Jan 2015 09:03am EST 

Meritage Hospitality Group Inc:Says it has completed the acquisition of 9 Wendy's restaurants located in Tallahassee, FL.Says the transaction was funded through a combination of cash on hand and acquisition credit facilities.  Full Article

Meritage Hospitality Group announces authorization of 50 pct increased special dividend to common shareholders
Wednesday, 12 Nov 2014 11:04am EST 

Meritage Hospitality Group Inc:Authorized a 50 pct increase in the common stock semi-annual special dividend to $.015 per share.Payable on Dec. 3 to shareholders of record as of Nov. 26.  Full Article

Meritage Hospitality Group Inc reaffirms FY 2014 outlook
Friday, 18 Jul 2014 09:01am EDT 

Meritage Hospitality Group Inc:Affirms FY 2014 operating guidance.Expects FY 2014 sales growth of 10 pct to 15 pct.Expects FY 2014 net income growth of 50 pct to 55 pct.Expects FY 2014 EBITDA growth (a non-GAAP measure) of 30 pct to 35 pct.  Full Article

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