LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa John’s International, Inc. (NASDAQ: PZZA) today announced that the Board of Directors has approved a 25 percent increase in the quarterly dividend payable on Papa John’s International, Inc. common stock, resulting in a quarterly dividend rate of $0.175 per share, or $0.70 on an annual basis. The Board of Directors declared the $0.175 dividend per common share, payable August 21, 2015, to shareholders of record at the close of business on August 11, 2015. F