Driven Brands Holdings Inc. Common Stock (DRVN)
Driven Brands Holdings Inc. (DRVN) is a leading provider of automotive services in North America. The company operates through various brands offering automotive repairs, maintenance, and convenience services, including collision repair, oil change, tire, and car wash services. Driven Brands is known for its extensive network of franchise locations and corporate-owned stores, serving both individual consumers and commercial clients.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 7, 2016 | $0.23 | 2016-03-31 | 2016-04-04 |
| January 8, 2016 | $0.08 | 2015-12-31 | 2016-01-05 |
| October 7, 2015 | $0.10 | 2015-09-30 | 2015-10-02 |
Dividends Summary
- Driven Brands Holdings Inc. Common Stock has issued 3 dividend payments over the past 1 years
- The most recent dividend was paid 3453 days ago, on April 7, 2016
- The highest dividend payed out to investors during this period was $0.227174 per share
- The average dividend paid during this period was $0.13 per share.
Company News
Law firm Johnson Fistel is investigating potential legal violations by officers of several companies, including Elanco, Driven Brands, Hasbro, and TransMedics, alleging false statements, misleading investors, and potential corporate governance issues.
Driven Brands reported mixed Q4 results, beating EPS estimates but missing revenue. The company announced CEO Jonathan Fitzpatrick will step down in May, with COO Daniel Rivera set to replace him. Driven Brands also announced the sale of its U.S. car wash business for $385 million.
The article discusses two lesser-known companies that the authors believe offer excellent long-term investment opportunities. The companies are Driven Brands and Empire State Realty Trust.
Driven Brands Holdings (DRVN) delivered earnings and revenue surprises of 15% and 2.07%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?