FAT Brands Inc. (NASDAQ:FATBP – Get Free Report) declared a monthly dividend on Tuesday, February 18th, Wall Street Journal reports. Shareholders of record on Monday, March 10th will be paid a dividend of 0.1719 per share on Thursday, March 20th. This represents a $2.06 dividend on an annualized basis and a yield of 21.26%. The ex-dividend date is Monday, March 10th.
FAT Brands has increased its dividend by an average of 2.9% per year over the last three years.
FAT Brands Price Performance
Shares of NASDAQ FATBP opened at $9.70 on Friday. The firm’s 50-day moving average price is $9.89 and its two-hundred day moving average price is $9.85. FAT Brands has a 52-week low of $9.13 and a 52-week high of $16.37.
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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