FAT Brands Inc. (NASDAQ:FATBP) Announces $0.17 Monthly Dividend

FAT Brands Inc. (NASDAQ:FATBP) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Wednesday, July 10th will be given a dividend of 0.1719 per share on Monday, July 22nd. This represents a $2.06 annualized dividend and a yield of 14.86%. The ex-dividend date is Wednesday, July 10th.

FAT Brands has decreased its dividend by an average of 23.9% annually over the last three years.

FAT Brands Price Performance

Shares of FATBP stock remained flat at $13.88 on Monday. The stock had a trading volume of 10,239 shares, compared to its average volume of 12,554. The business has a fifty day moving average of $14.49 and a 200-day moving average of $15.00. FAT Brands has a 52 week low of $13.74 and a 52 week high of $17.12.

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.