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Stock impact report

DineEquity: A Small-Cap That Packs A Big (Dividend) Punch [Seeking Alpha]

Dine Brands Global, Inc. (DIN) 
Last dine brands global, inc. earnings: 4/29 08:00 am Check Earnings Report
US:NYSE Investor Relations: investors.dineequity.com/news-releases
Company Research Source: Seeking Alpha
Summary DineEquity ( DIN ) is company in transition. With a new CEO at the helm and number valuable brands under its umbrella, the company is looking to change. Currently, we believe the stock looks cheap, and investors can enjoy the high dividend while they wait for the turnaround to take effect. DineEquity Gears for the Future DineEquity recently announced that it was closing up to 160 Applebee’s (around 135) and IHOP (about 25) branches across the United States, more than doubling the number it had originally announced (60 branches) in the first quarter. At the same time, DineEquity appointed a new CEO , Stephen Joyce, a former Hotel chain CEO, to replace Julia Stewart, who had been DineEquity’s CEO for the last decade prior to her resignation earlier in the year. In the interim, Chairman Richard Dahl had served as DineEquity’s CEO. Investors should note that the net impact of the closures on DineEquity’s global branch portfolio will be around 35 loca Show less Read more
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