FAT Brands Inc. (NASDAQ:FATBP) to Issue $0.17 Monthly Dividend

FAT Brands Inc. (NASDAQ:FATBP) announced a monthly dividend on Wednesday, March 26th, Wall Street Journal reports. Stockholders of record on Thursday, April 10th will be given a dividend of 0.1719 per share on Monday, April 21st. This represents a $2.06 annualized dividend and a dividend yield of 22.20%. The ex-dividend date of this dividend is Thursday, April 10th.

FAT Brands has increased its dividend by an average of 2.9% annually over the last three years.

FAT Brands Trading Down 1.6 %

FAT Brands stock opened at $9.29 on Friday. FAT Brands has a 12-month low of $9.10 and a 12-month high of $15.95. The business’s 50-day simple moving average is $9.77 and its 200 day simple moving average is $9.73.

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.