APPLEBEES INTERNATIONAL INC
8-K, 1998-11-23
EATING PLACES
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K


                                 Current Report




                PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
                              EXCHANGE ACT OF 1934



Date of Report (Date of earliest event reported)       November 19, 1998        
                                                --------------------------------

Commission File Number:    000-17962                      


                         Applebee's International, Inc.
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)

            Delaware                                      43-1461763
  ----------------------------              ------------------------------------
  (State or other jurisdiction of           (I.R.S. Employer Identification No.)
   incorporation or organization)                                             

          4551 W. 107th Street, Suite 100, Overland Park, Kansas 66207
 -------------------------------------------------------------------------------
              (Address of principal executive offices and zip code)

                                 (913) 967-4000
              ----------------------------------------------------
              (Registrant's telephone number, including area code)


                                      None 
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)




<PAGE>



Item 5.           Other Events

     1.           Declaration of Dividend on Common Stock

                  Applebee's International,  Inc. (the "Company") issued a press
release  announcing  the  declaration  of the Company's  annual  dividend on its
common stock of nine cents per common share. The record and payment date are set
forth in the press release attached as Exhibit A hereto and incorporated  herein
by reference.


Item 7.           Exhibits

    (c)           Exhibits

    Exhibit                         Description

       A                            Press release of the Company dated
                                    November 19, 1998



                                       2
<PAGE>


                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

                                              APPLEBEE'S INTERNATIONAL, INC.
                                              (Registrant)


Date:    November 23, 1998                    By:   /s/  George D. Shadid
         ---------------------                      ---------------------
                                                    George D. Shadid
                                                    Executive Vice President and
                                                    Chief Financial Officer



                                       3
<PAGE>







Contact: George D. Shadid                            FOR IMMEDIATE RELEASE
         Chief Financial Officer                     November 19, 1998
         (913) 967-4035



                  APPLEBEE'S DECLARES INCREASED ANNUAL DIVIDEND


OVERLAND   PARK,   KAN.,   November  19  --  Applebee's   International,   Inc.,
(Nasdaq:APPB)  today  declared  an annual  dividend  of 9 cents per  share.  The
dividend is payable  January 21, 1999 to  shareholders  of record as of December
16, 1998.  This is the company's  ninth  consecutive  dividend and represents an
increase of 12 percent over last year's dividend of 8 cents.

Applebee's International,  Inc., headquartered in Overland Park, Kan., develops,
franchises  and operates  casual  dining  restaurants  under the  trademarks  of
Applebee's Neighborhood Grill and Bar and Rio Bravo Cantina.



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