Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Bagger Dave's Burger Tavern, Inc. (OTC: BDVB) was a U.S.-based casual dining restaurant operator focused on gourmet burgers, sandwiches, craft beer, and tavern-style dining experiences. The company operated primarily in the full-service restaurant industry and became known for emphasizing customizable burger offerings, locally oriented branding, and neighborhood tavern atmospheres. Public disclosures and historical market records indicate that the business was closely associated with Diversified Restaurant Holdings, Inc., which operated both the Bagger Dave’s Burger Tavern concept and franchised Buffalo Wild Wings restaurants.
The company’s primary revenue driver was restaurant-level food and beverage sales generated through company-operated locations. Its customer base primarily consisted of middle-income casual dining consumers in Midwestern U.S. markets. Historically, the company positioned itself as a regional “better burger” competitor within the broader casual dining segment. Public filings and historical investor materials indicate that the brand expanded during the early-to-mid 2010s but later faced operational and financial pressures tied to industry-wide traffic declines, rising labor costs, and increasing competition in the burger and casual dining categories. Data regarding the company’s current operational scale and public market status is limited and partially inconclusive based on available public sources.
Business Operations
Historically, the company generated revenue through restaurant operations under the Bagger Dave’s Burger Tavern brand and through franchised restaurant operations affiliated with Buffalo Wild Wings under its parent organizational structure. Restaurant sales included dine-in food service, alcoholic beverage sales, and limited takeout operations. The company’s operating footprint was concentrated in the U.S. Midwest, particularly in Michigan, Indiana, and surrounding regional markets.
Operationally, the business relied on company-operated restaurant assets, leased retail locations, kitchen operations, hospitality staffing, and supplier relationships tied to food distribution and beverage procurement. Public filings indicate that the broader corporate structure maintained relationships with franchise licensors connected to Buffalo Wild Wings operations. Available historical disclosures do not indicate substantial international operations, proprietary technology platforms, or large-scale joint ventures comparable to larger national restaurant operators.
Strategic Position & Investments
The company historically pursued growth through regional restaurant expansion, dual-brand operational diversification, and portfolio management involving both owned restaurant concepts and franchised restaurant operations. Strategic initiatives included opening new Bagger Dave’s Burger Tavern locations in Midwestern retail corridors and leveraging operational overlap with affiliated restaurant businesses. Public filings and investor communications also reflected efforts to improve restaurant efficiency, optimize store performance, and reduce underperforming assets during periods of financial stress.
Over time, the company appears to have shifted from expansion-oriented growth toward restructuring and operational stabilization. Industry reporting and historical SEC disclosures suggest that management evaluated restaurant closures, asset optimization, and cost-control measures in response to declining comparable-store sales and broader casual dining sector challenges. Information regarding current investments, emerging technology initiatives, or active acquisition strategies is limited, and several aspects of the company’s later-stage corporate structure remain inconclusive based on available public sources.
Geographic Footprint
The company’s operations were concentrated primarily in the United States, with the strongest presence historically located in the Midwestern United States. Michigan served as a central operating region and corporate base for much of the company’s history. Restaurant locations were generally situated in suburban retail centers and regional commercial markets rather than major international urban hubs.
No verified public evidence indicates a meaningful international operating footprint or overseas expansion strategy. Available records suggest the company remained predominantly domestic in focus throughout its existence as a publicly traded restaurant operator. Market exposure outside the United States appears limited or nonexistent based on accessible public disclosures.
Leadership & Governance
Historical SEC filings and public corporate disclosures identify the company as being led by restaurant industry executives associated with both Bagger Dave’s Burger Tavern and Diversified Restaurant Holdings, Inc. Leadership strategy emphasized regional restaurant development, operational execution, and portfolio diversification across casual dining concepts. Public communications from management frequently focused on improving guest experience, strengthening restaurant-level profitability, and navigating changing consumer dining trends.
Key historical executives associated with the company and related operations include:
- Michael Ansley – Former Chief Executive Officer
- David G. Burke – Former Chief Financial Officer
- Ray Blanchette – Former executive associated with strategic restaurant operations
- Jon D. Mayo – Former Chairman and founder-related leadership figure connected to corporate development
Some executive timelines and governance details vary across public filings and financial databases. Certain leadership information is therefore partially inconclusive based on available public sources.