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

FAT Brands Inc. (NASDAQ:FATBP) announced a monthly dividend on Tuesday, October 29th, investing.com reports. Investors of record on Friday, November 8th will be paid a dividend of 0.1719 per share on Wednesday, November 20th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 21.18%. The ex-dividend date of this dividend is Friday, November 8th.

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

FAT Brands Stock Performance

Shares of FAT Brands stock traded up $0.31 during trading on Wednesday, reaching $9.74. The stock had a trading volume of 4,618 shares, compared to its average volume of 16,670. FAT Brands has a 52 week low of $9.33 and a 52 week high of $16.37. The stock has a fifty day moving average price of $9.89 and a two-hundred day moving average price of $12.28.

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.