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RCI Announces 30th Consecutive Quarterly Cash Dividend

HOUSTON – May 30, 2023 – RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced today it has declared a quarterly cash dividend of $0.06 per common share for the fiscal 2023 third quarter ending June 30, 2023. The 3Q23 dividend is payable June 28, 2023, to holders of record June 14, 2023, with an ex-dividend date of June 13, 2023. This marks RCI's 30th consecutive quarterly cash dividend.

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

With more than 60 locations, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in adult nightclubs and sports bars/restaurants. See all our brands at www.rcihospitality.com.

Media & Investor Contacts

Gary Fishman and Steven Anreder at 212-532-3232 or gary.fishman@anreder.com and steven.anreder@anreder.com

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