FAT Brands Inc. Declares Monthly Dividend of $0.17 (NASDAQ:FATBP)

FAT Brands Inc. (NASDAQ:FATBP) announced a monthly dividend on Wednesday, March 26th, Wall Street Journal reports. Investors of record on Thursday, April 10th will be paid a dividend of 0.1719 per share on Monday, April 21st. This represents a $2.06 annualized dividend and a yield of 21.86%. The ex-dividend date of this dividend is Thursday, April 10th.

FAT Brands has increased its dividend payment by an average of 2.9% annually over the last three years.

FAT Brands Trading Down 0.3 %

Shares of FATBP traded down $0.02 during trading hours on Wednesday, hitting $9.44. 9,264 shares of the stock were exchanged, compared to its average volume of 20,338. FAT Brands has a fifty-two week low of $9.13 and a fifty-two week high of $16.15. The business has a 50-day moving average of $9.80 and a 200-day moving average of $9.73.

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.