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RCI Declares Regular Quarterly Cash Dividend on Common Stock

HOUSTON – November 15, 2017 – RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced it has declared a regular quarterly cash dividend of $0.03 per common share for the Fiscal 2018 first quarter ending December 31, 2017 as part of RCI's $0.12 per share annual cash dividend. The 1Q18 dividend is payable December 26, 2017, to holders of record December 11, 2017, with an ex-dividend date of December 8, 2017. This marks the eighth consecutive quarterly cash dividend paid by RCI.

About RCI Hospitality Holdings, Inc. (Nasdaq: RICK)

With 45 units, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in gentlemen's 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, Tootsie's Cabaret, and Scarlett's Cabaret. Sports bars/restaurants operate under the brand name Bombshells Restaurant & Bar. Please visit http://rcihospitality.com/

Media & Investor Contacts

Gary Fishman and Steven Anreder at 212-532-3232 or [email protected] and [email protected]

© RCI Internet Services, Inc., All Rights Reserved. Rick’s Cabaret, Club Onyx, Silver City, XTC Cabaret, Foxy’s Cabaret, Hoops Cabaret, The Seville Club and Bombshells Restaurant and Bar are registered trademark of RCI Hospitality Holdings, Inc.
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