FAT Brands Inc. (NASDAQ:FATBP – Get Free Report) declared a monthly dividend on Tuesday, January 21st,Wall Street Journal reports. Investors of record on Monday, February 10th will be paid a dividend of 0.1719 per share on Thursday, February 20th. This represents a $2.06 annualized dividend and a yield of 20.79%. The ex-dividend date of this dividend is Monday, February 10th.
FAT Brands has raised its dividend by an average of 2.9% per year over the last three years.
FAT Brands Stock Performance
Shares of FAT Brands stock opened at $9.92 on Friday. The stock’s 50-day simple moving average is $9.82 and its 200-day simple moving average is $10.15. 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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