FAT Brands Inc. (NASDAQ:FATBP – Get Rating) declared a monthly dividend on Thursday, September 22nd, Wall Street Journal reports. Shareholders of record on Monday, October 10th will be given a dividend of 0.1719 per share on Thursday, October 20th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 11.85%. The ex-dividend date of this dividend is Thursday, October 6th.
FAT Brands Price Performance
Shares of FATBP traded down $1.09 during trading hours on Thursday, reaching $17.40. 4,939 shares of the company traded hands, compared to its average volume of 27,590. The stock has a fifty day simple moving average of $17.91. FAT Brands has a 12-month low of $11.50 and a 12-month high of $24.43.
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FAT Brands Inc, a multi-brand franchising company, acquires, develops, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. As of April 18, 2022, it owned seventeen restaurant brands, including Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli's, Twin Peaks, Great American Cookies, Hot Dog on a Stick, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean, and Ponderosa Steakhouse/Bonanza Steakhouse, as well as 2,300 franchised locations.Featured Articles
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