Advertisement

OTHER NEWS - Oct. 16, 1995

Share via
<i> Times Staff and Wire Reports</i>

Sizzler Suspends Dividend Payment: Sizzler International Inc. said it is suspending its annual dividend payment of 16 cents a share. The Los Angeles-based company, which operates or licenses 597 Sizzler restaurants worldwide, last paid a quarterly dividend of 4 cents a share, payable Oct. 12 to stockholders of record Sept. 28. Sizzler said reinvesting the $4.5 million it pays in dividends should help boost the stock price and improve the company’s position.

Advertisement