Dine Brands Global, Inc. Announces Second Quarter 2019 Dividend

GLENDALE, Calif.–(BUSINESS WIRE)–Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee’s
Neighborhood Grill + Bar® and IHOP® restaurants,
today announced that its Board of Directors declared a cash dividend of
$0.69 per share of common stock for the second quarter of 2019. The
dividend will be payable on July 12, 2019 to the Company’s stockholders
of record at the close of business on June 20, 2019.

About Dine Brands Global, Inc.

Based in Glendale, California, Dine Brands Global, Inc. (NYSE: DIN),
through its subsidiaries, franchises restaurants under both the
Applebee’s Neighborhood Grill + Bar and IHOP brands. With approximately
3,700 restaurants combined in 18 countries and approximately 380
franchisees, Dine Brands is one of the largest full-service restaurant
companies in the world. For more information on Dine Brands, visit the
Company’s website located at www.dinebrands.com.

Forward-Looking Statements

Statements contained in this press release may constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. You can identify these forward-looking
statements by words such as “may,” “will,” “would,” “should,” “could,”
“expect,” “anticipate,” “believe,” “estimate,” “intend,” “plan,” “goal”
and other similar expressions. These statements involve known and
unknown risks, uncertainties and other factors, which may cause actual
results to be materially different from those expressed or implied in
such statements. These factors include, but are not limited to: general
economic conditions; our level of indebtedness; compliance with the
terms of our securitized debt; our ability to refinance our current
indebtedness or obtain additional financing; our dependence on
information technology; potential cyber incidents; the implementation of
restaurant development plans; our dependence on our franchisees; the
concentration of our Applebee’s franchised restaurants in a limited
number of franchisees; the financial health our franchisees; our
franchisees’ and other licensees’ compliance with our quality standards
and trademark usage; general risks associated with the restaurant
industry; potential harm to our brands’ reputation; possible future
impairment charges; the effects of tax reform; trading volatility and
fluctuations in the price of our stock; our ability to achieve the
financial guidance we provide to investors; successful implementation of
our business strategy; the availability of suitable locations for new
restaurants; shortages or interruptions in the supply or delivery of
products from third parties or availability of utilities; the management
and forecasting of appropriate inventory levels; development and
implementation of innovative marketing and use of social media; changing
health or dietary preference of consumers; risks associated with doing
business in international markets; the results of litigation and other
legal proceedings; third-party claims with respect to intellectual
property assets; our ability to attract and retain management and other
key employees; compliance with federal, state and local governmental
regulations; risks associated with our self-insurance; natural disasters
or other series incidents; our success with development initiatives
outside of our core business; the adequacy of our internal controls over
financial reporting and future changes in accounting standards; and
other factors discussed from time to time in the Company’s Annual and
Quarterly Reports on Forms 10-K and 10-Q and in the Company’s other
filings with the Securities and Exchange Commission. The forward-looking
statements contained in this release are made as of the date hereof and
the Company does not intend to, nor does it assume any obligation to,
update or supplement any forward-looking statements after the date
hereof to reflect actual results or future events or circumstances.

Contacts

Investor Contact
Ken Diptee
Executive
Director, Investor Relations
Dine Brands Global, Inc.
818-637-3632

Media Contact
Thien Ho
Executive
Director, Communications
Dine Brands Global, Inc.
818-549-4238

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