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
The ONE Group Hospitality, Inc. is a publicly traded hospitality company that develops, owns, operates, and licenses upscale and polished-casual restaurants. The company operates within the full-service restaurant and hospitality lifestyle industries, with a focus on high-energy dining experiences that combine premium food, beverage, and atmosphere. Its core brands are STK Steakhouse and Kona Grill, which together represent the primary drivers of revenue through food and beverage sales, licensing fees, and management services.
The company primarily serves affluent urban and suburban consumers, business travelers, and special-occasion diners, positioning its restaurants as experiential destinations rather than traditional dining venues. A key strategic advantage is its ability to integrate design, music, and brand-driven ambiance with standardized operating practices. The company was founded in 2004 by Jonathan Segal, initially centered on the STK concept, and expanded over time through organic growth and acquisitions, most notably the acquisition of Kona Grill, Inc. out of bankruptcy in 2022, which significantly broadened its brand portfolio and geographic reach.
Business Operations
The ONE Group Hospitality operates its business primarily through company-owned and licensed restaurants under its flagship brands STK Steakhouse and Kona Grill. Revenue is generated through restaurant-level food and beverage sales at owned locations, as well as licensing and management fees from international and domestic licensed restaurants. While the company reports a single operating segment for financial reporting purposes, it manages multiple distinct restaurant concepts with different price points and customer demographics.
Operations span both domestic and international markets, with the majority of company-owned restaurants located in the United States and licensed locations operating abroad. The company controls proprietary restaurant designs, menus, and brand standards, and leverages centralized procurement, marketing, and operational systems. International expansion is largely executed through licensing agreements with third-party operators rather than direct ownership, limiting capital intensity while extending brand presence.
Strategic Position & Investments
The company’s strategic direction emphasizes brand expansion, operational efficiency, and disciplined capital allocation. A central growth initiative has been the integration and repositioning of Kona Grill, which the company acquired in 2022 and subsequently restructured to improve unit-level economics and brand relevance. Management has publicly stated its intention to pursue selective new restaurant openings, unit remodels, and potential brand extensions, while maintaining a focus on profitability rather than rapid unit growth.
In addition to organic development, the company has demonstrated a willingness to pursue opportunistic acquisitions within the restaurant sector, particularly distressed or undervalued assets that can benefit from its operating platform. The company also continues to invest in digital ordering capabilities, loyalty programs, and data-driven marketing to enhance customer engagement. Beyond its wholly owned brands, there are no material publicly disclosed equity investments or joint ventures that materially alter its consolidated operations based on available public sources.
Geographic Footprint
The ONE Group Hospitality is headquartered in Dallas, Texas, and operates restaurants across major metropolitan markets in the United States, including New York, California, Florida, Texas, and Nevada. Its domestic footprint represents the majority of revenue and operational activity, with both urban flagship locations and suburban lifestyle-center placements.
Internationally, the company maintains a presence through licensed STK Steakhouse locations in Europe, the Middle East, Asia, and Canada, providing global brand visibility with limited direct operating risk. While international operations contribute a smaller portion of total revenue compared to domestic operations, they represent an important component of long-term brand positioning and international market optionality.
Leadership & Governance
The ONE Group Hospitality was founded by Jonathan Segal, who continues to influence the company’s strategic direction through board involvement and brand stewardship. The current leadership team emphasizes disciplined growth, operational execution, and brand consistency, with a strategic vision centered on experiential dining and shareholder value creation.
Key executives include:
- Emanuel “Manny” Hilario – President and Chief Executive Officer
- Tyler Koning – Chief Financial Officer
- Jonathan Segal – Founder and Director
- Douglas McKnight – Chief Operating Officer
- Meredith McGhan – Chief Marketing Officer
The company is governed by a board of directors composed of internal and independent members, with oversight responsibilities covering strategy, financial reporting, risk management, and executive compensation. Leadership philosophy, as reflected in public filings and investor communications, prioritizes operational discipline, brand differentiation, and sustainable long-term growth.