FAT Brands Inc. (NASDAQ:FATBP – Get Free Report) declared a monthly dividend on Monday, December 16th,Wall Street Journal reports. Shareholders of record on Friday, January 10th will be given a dividend of 0.1719 per share on Monday, January 20th. This represents a $2.06 dividend on an annualized basis and a yield of 21.78%. The ex-dividend date of this dividend is Friday, January 10th.
FAT Brands has decreased its dividend by an average of 23.9% per year over the last three years.
FAT Brands Stock Down 1.3 %
FAT Brands stock opened at $9.47 on Tuesday. The firm’s fifty day moving average price is $9.56 and its 200 day moving average price is $11.25. FAT Brands has a 12-month low of $9.13 and a 12-month 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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