Cracker Barrel Old Country Store(NASDAQ:CBRL) Declares Dividend of $1.1500.

Cracker Barrel Old Country Store (NASDAQ:CBRL) had declared a cash dividend of $1.1500 on Sep 26, 2016. The shares will quote ex-dividend on Oct 12, 2016 and the record date has been fixed for Oct 14, 2016. On Sep 26, 2016 share price, the yield comes out to be 3.3300%. The dividend payable date has been fixed on Nov 7, 2016.

In a different note, On Jul 11, 2016, Bank of America said it Downgrades its rating on Cracker Barrel Old Country Store. The shares have been rated ‘Underperform’ by the firm.

Cracker Barrel Old Country Store (CBRL) shares turned negative on Thursdays trading session with the shares closing down -0.71 points or -0.51% at a volume of 4,43,158. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $139.56. The peak price level was also seen at $139.56 while the days lowest was $138.46. Finally the shares closed at $138.78. The 52-week high of the shares is $172.89 while the 52-week low is $118.01. According to the latest information available, the market cap of the company is $3,323 M.

Cracker Barrel Old Country Store(CBRL) last announced its earnings results on Sep 14, 2016 for Fiscal Year 2016 and Q4.Company reported revenue of $745.58M. Analysts had an estimated revenue of $743.48M. Earnings per share were $2.12. Analysts had estimated an EPS of $2.13.

Several Insider Transactions has been reported to the SEC. On Jun 22, 2016, Laura A Daily (Sr. VP, Retail Operations) sold 600 shares at $168.75 per share price.Also, On Mar 4, 2016, Richard J Dobkin (director) sold 2,000 shares at $148.20 per share price.On Nov 16, 2015, Andrea Weiss (director) sold 315 shares at $132.19 per share price, according to the Form-4 filing with the securities and exchange commission.

Cracker Barrel Old Country Store Inc. is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). Each Cracker Barrel store consists of a restaurant with a gift shop. The format of its stores consists of a trademarked rustic old country-store design offering a restaurant menu that features home-style country food and a range of decorative and functional items such as rocking chairs holiday and seasonal gifts and toys apparel cookware and foods. Its restaurants offer home-style country cooking featuring its own recipes. Its breakfast items include juices eggs pancakes fruit and yogurt parfaits grits and a range of biscuit specialties such as gravy and biscuits and country ham and biscuits. Its lunch and dinner items include country ham chicken and dumplings chicken fried chicken meatloaf roast beef vegetable plates a range of salads sandwiches soups fresh side items and specialty items among others.

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