FAT Brands Inc. (NASDAQ:FATBP – Get Free Report) declared a monthly dividend on Wednesday, March 26th, Wall Street Journal reports. Stockholders of record on Thursday, April 10th will be given a dividend of 0.1719 per share on Monday, April 21st. This represents a $2.06 dividend on an annualized basis and a dividend yield of 21.86%. The ex-dividend date of this dividend is Thursday, April 10th.
FAT Brands has raised its dividend by an average of 2.9% annually over the last three years.
FAT Brands Price Performance
FAT Brands stock traded down $0.02 during trading on Wednesday, hitting $9.44. The stock had a trading volume of 9,264 shares, compared to its average volume of 20,338. The stock’s 50 day moving average is $9.80 and its two-hundred day moving average is $9.73. FAT Brands has a 1 year low of $9.13 and a 1 year high of $16.15.
FAT Brands Company Profile
FAT Brands Inc, a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli’s, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo’s Cafe and Buffalo’s Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks.
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