FAT Brands Inc. (FATBP) To Go Ex-Dividend on December 10th

FAT Brands Inc. (NASDAQ:FATBP) announced a monthly dividend on Friday, November 29th,Wall Street Journal reports. Stockholders of record on Tuesday, December 10th will be paid a dividend of 0.1719 per share on Friday, December 20th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 20.40%. The ex-dividend date of this dividend is Tuesday, December 10th. This is a boost from FAT Brands’s previous monthly dividend of $0.17.

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

FAT Brands Trading Up 3.4 %

NASDAQ:FATBP opened at $10.11 on Friday. The company has a fifty day moving average of $9.60 and a 200 day moving average of $11.64. 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.