FAT Brands Inc (FAT) to Issue $0.12 Dividend

FAT Brands Inc (NASDAQ:FAT) declared a dividend on Friday, February 8th, Fidelity reports. Shareholders of record on Tuesday, February 19th will be given a dividend of 0.12 per share on Thursday, February 28th. The ex-dividend date of this dividend is Friday, February 15th.

FAT stock opened at $5.45 on Friday. FAT Brands has a fifty-two week low of $4.50 and a fifty-two week high of $9.68. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.60 and a quick ratio of 0.60.

In other news, Director John Squire Junger bought 12,657 shares of the stock in a transaction on Thursday, November 29th. The shares were bought at an average price of $5.62 per share, with a total value of $71,132.34. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders acquired 13,755 shares of company stock worth $78,010. 1.30% of the stock is owned by corporate insiders.

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FAT Brands Company Profile

FAT Brands Inc, a multi-brand franchising company, acquires, markets, and develops fast casual and casual dining restaurant concepts. As of January 15, 2019, it owned 7 restaurant brands, including Fatburger, Buffalo's Cafe, Buffalo's Express, Hurricane Grill & Wings, Yalla Mediterranean, Ponderosa Steakhouse, and Bonanza Steakhouse with approximately 300 locations open and 300 under development in 32 countries.

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