Nathan’s Famous, Inc. (NASDAQ:NATH) Announces Quarterly Dividend of $0.50

Nathan’s Famous, Inc. (NASDAQ:NATHGet Free Report) announced a quarterly dividend on Tuesday, June 9th. Investors of record on Monday, June 22nd will be given a dividend of 0.50 per share by the restaurant operator on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Monday, June 22nd.

Nathan’s Famous has raised its dividend by an average of 0.1%per year over the last three years.

Nathan’s Famous Trading Down 0.8%

NATH traded down $0.82 during trading hours on Tuesday, hitting $101.47. The company’s stock had a trading volume of 25,818 shares, compared to its average volume of 38,741. Nathan’s Famous has a fifty-two week low of $88.67 and a fifty-two week high of $118.50. The firm has a market capitalization of $415.01 million, a PE ratio of 19.51 and a beta of 0.28. The company has a 50-day simple moving average of $101.08 and a 200 day simple moving average of $98.50.

Nathan’s Famous (NASDAQ:NATHGet Free Report) last issued its quarterly earnings results on Tuesday, June 9th. The restaurant operator reported $0.68 earnings per share (EPS) for the quarter. Nathan’s Famous had a negative return on equity of 182.42% and a net margin of 13.59%.The firm had revenue of $35.07 million during the quarter.

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Nathan’s Famous Company Profile

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Nathan’s Famous Inc is a quick-service restaurant company known for its signature all-beef hot dogs and classic American fast-food offerings. The company operates and franchises a network of dining outlets under the Nathan’s Famous brand, serving items such as hamburgers, chicken sandwiches, french fries and specialty sides. In addition to its restaurant business, Nathan’s Famous markets frozen and refrigerated products to retail and foodservice customers across North America.

The company traces its origins to 1916, when founder Nathan Handwerker opened a modest walk-up stand on Coney Island in Brooklyn, New York.

See Also

Dividend History for Nathan's Famous (NASDAQ:NATH)

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