MIAMI, July 2, 2012 /PRNewswire/ -- Benihana Inc.
(NASDAQ: BNHN), operator of the nation's largest chain of Japanese
theme and sushi restaurants, today announced that the Board of
Directors has authorized and declared a dividend in the amount of
$0.08 per Common Share. The
dividend is payable in cash on July 26,
2012 to stockholders of record at the close of business on
July 12, 2012.
(Logo: http://photos.prnewswire.com/prnh/20110513/NY02073LOGO
)
Richard C. Stockinger, Chairman,
President and Chief Executive Officer of Benihana Inc., said, "We
are pleased to announce our third quarterly dividend to
stockholders in the amount of $0.08
per Common Share. Our strong operating results continue to
generate substantial cash flow, allowing us to further enhance
shareholder value."
About Benihana
Headquartered in Miami,
Benihana Inc. (NASDAQ: BNHN) is the nation's leading operator of
Japanese theme and sushi restaurants with 95 restaurants
nationwide, including 62 Benihana restaurants, eight Haru sushi
restaurants and 25 RA Sushi restaurants. In addition, 16 franchised
Benihana restaurants are operating in the
United States, Latin
America and the Caribbean.
To learn more about Benihana Inc. and its three restaurant
concepts, please view the corporate video at
www.benihana.com/about/video .
Safe Harbor Statement
Except for the historical matters contained herein, statements
in this press release are forward-looking and are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that forward-looking
statements involve risks and uncertainties that may affect the
business and prospects of Benihana, including, without limitation:
risks related to Benihana's business strategy, including the
Renewal Program and marketing programs; risks related to Benihana's
ability to operate successfully in the current challenging economic
environment; risks related to Benihana's efforts to strengthen its
Benihana Teppanyaki concept and build its RA Sushi and Haru brands;
and other risks and uncertainties that may cause results to differ
materially from those set forth in the forward-looking statements.
Past performance may not be indicative of future results. Although
Benihana believes the expectations reflected in such
forward-looking statements are based upon reasonable assumptions,
there can be no assurance that its expectations will be realized.
In addition to the risks and uncertainties set forth above,
investors should consider the risks and uncertainties discussed in
Benihana's filings with the Securities and Exchange Commission,
including, without limitation, the risks and uncertainties
discussed under the heading "Risk Factors" in such filings.
Benihana does not undertake any obligation to publicly update any
forward-looking statement to reflect events or circumstances after
the date on which any such statement is made or to reflect the
occurrence of unanticipated events.
Contact
Jeremy Fielding or Anntal
Silver
Kekst and Company
(212) 521-4800
SOURCE Benihana Inc.