FAT Brands Inc. (NASDAQ:FATBP – Get Free Report) announced a monthly dividend on Tuesday, October 29th, investing.com reports. Shareholders of record on Friday, November 8th will be given a dividend of 0.1719 per share on Wednesday, November 20th. This represents a $2.06 dividend on an annualized basis and a yield of 21.92%. The ex-dividend date of this dividend is Friday, November 8th.
FAT Brands has decreased its dividend by an average of 23.9% annually over the last three years.
FAT Brands Trading Down 0.2 %
FAT Brands stock opened at $9.41 on Thursday. The stock has a 50-day moving average of $9.86 and a two-hundred day moving average of $12.26. FAT Brands has a one year low of $9.33 and a one 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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