HOUSTON, Nov. 15, 2016 /PRNewswire/ -- RCI Hospitality
Holdings, Inc. (Nasdaq: RICK) announced it has declared a regular quarterly cash dividend of $0.03
per common share for the FY17 first quarter ending December 31, 2016 as part of RCI's $0.12 per share annual cash dividend. The 1Q17 dividend is payable December 27,
2016, to holders of record December 12, 2016, with an ex-dividend date of December 8, 2016.
About RCI Hospitality Holdings, Inc. (Nasdaq: RICK)
With 41 units, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in gentlemen clubs
and sports bars/restaurants. Clubs in New York City, Miami,
Philadelphia, Charlotte, Dallas/Ft.
Worth, Houston, Minneapolis, and other cities operate
under brand names, such as "Rick's Cabaret," "XTC," "Club Onyx," "Vivid Cabaret," "Jaguars" and "Tootsie's Cabaret." Sports
bars/restaurants operate under the brand name "Bombshells." Please visit http://www.rcihospitality.com/
Forward-Looking Statements
This press release may contain forward-looking statements that involve a number of risks and uncertainties that could cause
the company's actual results to differ materially from those indicated in this press release, including the risks and
uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the
success or lack thereof in launching and building the company's businesses, risks and uncertainties related to cybersecurity,
conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult
entertainment businesses, competition and dependence on key personnel. The company has no obligation to update or revise the
forward-looking statements to reflect the occurrence of future events or circumstances.
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SOURCE RCI Hospitality Holdings, Inc.