FAT Brands Inc. (FATBP) To Go Ex-Dividend on January 10th

FAT Brands Inc. (NASDAQ:FATBP) announced a monthly dividend on Monday, December 16th,Wall Street Journal reports. Investors 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 20.34%. The ex-dividend date of this dividend is Friday, January 10th.

FAT Brands has decreased its dividend payment by an average of 2.9% per year over the last three years.

FAT Brands Trading Up 1.5 %

FAT Brands stock opened at $10.14 on Wednesday. The company has a 50 day moving average of $9.59 and a 200-day moving average of $10.71. FAT Brands has a twelve month low of $9.13 and a twelve month high of $16.37.

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.