FAT Brands Inc. Announces Monthly Dividend of $0.17 (NASDAQ:FATBP)

FAT Brands Inc. (NASDAQ:FATBP) declared a monthly dividend on Tuesday, October 29th, investing.com reports. Stockholders of record on Friday, November 8th will be paid a dividend of 0.1719 per share on Wednesday, November 20th. This represents a $2.06 annualized dividend and a dividend yield of 21.57%. The ex-dividend date of this dividend is Friday, November 8th.

FAT Brands has decreased its dividend payment by an average of 23.9% annually over the last three years.

FAT Brands Stock Performance

Shares of FAT Brands stock traded up $0.13 during trading on Wednesday, hitting $9.56. 2,158 shares of the stock traded hands, compared to its average volume of 16,649. FAT Brands has a 52-week low of $9.33 and a 52-week high of $16.37. The stock’s fifty day simple moving average is $9.89 and its 200 day simple moving average is $12.28.

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.