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

FAT Brands Inc. (NASDAQ:FATBPGet Free Report) declared a monthly dividend on Tuesday, May 14th, Wall Street Journal reports. Investors of record on Monday, June 10th will be given a dividend of 0.1719 per share on Thursday, June 20th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 13.87%. The ex-dividend date of this dividend is Monday, June 10th.

FAT Brands has decreased its dividend payment by an average of 23.9% annually over the last three years and has raised its dividend every year for the last 1 years.

FAT Brands Stock Down 2.2 %

Shares of FATBP stock opened at $14.87 on Friday. FAT Brands has a 52-week low of $13.78 and a 52-week high of $17.12. The company has a 50-day simple moving average of $14.94 and a two-hundred day simple moving average of $15.11.

About FAT Brands

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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.

Further Reading

Dividend History for FAT Brands (NASDAQ:FATBP)

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