Nathan’s Famous, Inc. Announces Quarterly Dividend of $0.50 (NASDAQ:NATH)

Nathan’s Famous, Inc. (NASDAQ:NATH) announced a quarterly dividend on Thursday, February 6th,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be given a dividend of 0.50 per share by the restaurant operator on Friday, February 28th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend is Tuesday, February 18th.

Nathan’s Famous has raised its dividend by an average of 12.6% annually over the last three years.

Nathan’s Famous Stock Down 1.8 %

NATH stock opened at $98.70 on Friday. The stock has a market capitalization of $402.70 million, a P/E ratio of 17.02 and a beta of 0.25. The firm has a 50-day simple moving average of $81.86 and a 200-day simple moving average of $81.30. Nathan’s Famous has a 52 week low of $64.02 and a 52 week high of $102.50.

Nathan’s Famous (NASDAQ:NATH) last released its earnings results on Thursday, February 6th. The restaurant operator reported $1.10 EPS for the quarter. Nathan’s Famous had a net margin of 16.19% and a negative return on equity of 89.20%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Nathan’s Famous from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, February 11th.

About Nathan’s Famous

Nathan’s Famous, Inc engages in the operation of franchised fast-food units. It is involved in the licensing, wholesaling, and retailing of products marketed under the Nathan’s Famous brand. The firm operates through the following business segments: Branded Product Program, Product Licensing, Restaurant Operations, and Corporate.