Shares of NASDAQ:NATH opened at $74.60 on Thursday. The company has a market cap of $314.12 million, a P/E ratio of 23.17 and a beta of 0.27. Nathan’s Famous has a 12 month low of $62.20 and a 12 month high of $102.70. The firm’s 50-day moving average price is $71.57.
The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a $0.35 dividend. This is an increase from Nathan’s Famous’s previous quarterly dividend of $0.25. This represents a $1.40 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date was Friday, June 21st.
Nathan’s Famous Company Profile
Nathan's Famous, Inc, together with its subsidiaries, operates in the foodservice industry. The company owns and franchises restaurants under the Nathan's Famous brand name, as well as sells products bearing the Nathan's Famous trademarks through various channels of distribution. It also has license agreements for the manufacture, distribution, marketing, and sale of Nathan's Famous branded hot dogs, sausages, and corned beef products in refrigerated consumer packages to be resold through retail channels, such as supermarkets, groceries, mass merchandisers, and club stores; and other Nathan's Famous branded refrigerated meat products in consumer packages to be resold through retail channels.
Recommended Story: What are the risks of holding treasury bonds?
Receive News & Ratings for Nathan's Famous Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nathan's Famous and related companies with MarketBeat.com's FREE daily email newsletter.