Dunkin’ Brands Group Inc. DNKN -0.56% posted fourth-quarter net income of $34.3 million, or 32 cents a share, up from $11.6 million, or 10 cents, in the year-earlier period. Quarterly revenue fell 4% to $161.7 million, as franchisees’ reported sales eased 0.5% from the prior year.
Earnings on an adjusted basis came to 34 cents a share, the Canton, Mass.-based company said. The profit compared to analysts’ consensus view of 33 cents a share.
Separately, the board of Dunkin’ Brands approved a 27% increase in the company’s quarterly dividend, to 19 cents a share.
