FAT Brands Inc. (NASDAQ:FATBP – Get Free Report) announced a monthly dividend on Tuesday, February 18th, Wall Street Journal reports. Stockholders of record on Monday, March 10th will be paid a dividend of 0.1719 per share on Thursday, March 20th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 21.26%. The ex-dividend date is Monday, March 10th.
FAT Brands has raised its dividend payment by an average of 2.9% per year over the last three years.
FAT Brands Price Performance
FAT Brands stock opened at $9.70 on Friday. The company’s fifty day moving average price is $9.89 and its 200 day moving average price is $9.85. FAT Brands has a 1 year low of $9.13 and a 1 year high of $16.37.
About FAT Brands
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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