Montrealbased MTY Food Group Inc.: Pizza Pasta

Entrepreneur Stanley Ma Dept: Entrepreneur Stanley Ma, founder and CEO of Montrealbased MTY Food Group Inc., is adding spice to his fast-food products sold under such banners as Country Style, Cultures, Tiki Ming, Sushi Shop, Pizza Pasta and Yogen Fruz. MTY will raise its quarterly dividend by 22 per cent from 4.5 cents a share to 5.5 cents a share, payable Feb. 17 to shareholders of record Feb. 1. Ma, an immigrant from Hong Kong, founded MTY in 1979 with one outlet in Montreal. It now operates a highly profitable national network of more than 2,000 outlets. It bought Toronto-based Mr. Submarine Ltd. for $23 million last August. MTY began paying dividends last year with 4.5 cents a share quarterly. div (www.immigrantscanada.com). As reported in the news.