Monro, Inc. Common Stock
MNROMonro, Inc. (MNRO) is a leading provider of automotive aftermarket services, primarily focusing on tire sales, brake repairs, oil changes, and other vehicle maintenance services. Founded in 1957 and headquartered in Rochester, New York, the company operates a network of retail stores across the United States, serving both individual consumers and commercial fleets. Monro is known for its extensive service offerings and local store presence, emphasizing convenience and customer service in the automotive repair industry.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 16, 2026 | $0.28 | 2026-06-02 | 2026-06-02 |
| March 10, 2026 | $0.28 | 2026-02-24 | 2026-02-24 |
| December 16, 2025 | $0.28 | 2025-12-02 | 2025-12-02 |
| September 9, 2025 | $0.28 | 2025-08-26 | 2025-08-26 |
| June 17, 2025 | $0.28 | 2025-06-03 | 2025-06-03 |
Dividends Summary
- Consistent Payer: Monro, Inc. Common Stock has rewarded shareholders with 84 dividend payments over the past 21 years.
- Total Returned Value: Investors who held MNRO shares during this period received a total of $13.70 per share in dividend income.
- Latest Payout: The most recent dividend of $0.28/share was paid 32 days ago, on June 16, 2026.
- Yield & Schedule: MNRO currently pays dividends quarterly with an annual yield of 6.60%.
- Dividend Growth: Since 2005, the dividend payout has grown by 460.0%, from $0.05 to $0.28.
- Dividend Reliability: MNRO has maintained or increased its dividend for 53 consecutive payments.
Company News
Major M&A activity includes Fertitta Entertainment's $17.6 billion all-cash acquisition of Caesars Entertainment at $31 per share, Autodesk's $3.6 billion purchase of MaintainX, and MasterBrand's completion of its $3.6 billion acquisition of American Woodmark. Other notable deals include DigitalBridge acquiring ArcLight Capital Partners for $1.05...
The US Automotive Service Market is projected to grow from $182.44 billion in 2024 to $308.75 billion by 2033, with a 6.02% CAGR, driven by increasing vehicle age, technological advancements, and demand for advanced vehicle maintenance.
Monro reported Q1 FY2026 results with positive comparable store sales growth of 5.7%, driven by digital inspection processes, but experienced margin pressures and a net loss due to store closures and restructuring costs.
Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 in Las Vegas. The two-day event will feature presentations by senior management of leading automotive and trucking companies, providing investors with insights into the ever-changing dynamics within the automotive industry.
Monro (MNRO) delivered earnings and revenue surprises of -38.24% and 4.99%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
