FAT Brands Inc. (NASDAQ:FATBP – Get Free Report) announced a monthly dividend on Monday, December 16th,Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 21.92%. The ex-dividend date is Friday, January 10th.
FAT Brands has decreased its dividend payment by an average of 23.9% annually over the last three years.
FAT Brands Stock Performance
FATBP stock opened at $9.41 on Wednesday. FAT Brands has a 1-year low of $9.13 and a 1-year high of $16.37. The business has a 50-day moving average price of $9.56 and a 200 day moving average price of $11.25.
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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