FAT Brands Inc. (NASDAQ:FATBP – Get Free Report) declared a monthly dividend on Tuesday, July 9th, Wall Street Journal reports. Stockholders of record on Friday, August 9th will be paid a dividend of 0.1719 per share on Tuesday, August 20th. This represents a $2.06 annualized dividend and a dividend yield of 17.97%. The ex-dividend date is Friday, August 9th.
FAT Brands has decreased its dividend payment by an average of 23.9% per year over the last three years.
FAT Brands Price Performance
FATBP stock opened at $11.48 on Wednesday. The business has a fifty day moving average of $13.78 and a two-hundred day moving average of $14.68. FAT Brands has a 52-week low of $9.67 and a 52-week high of $17.12.
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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