Franchise Brands plc (LON:FRAN) to Issue GBX 1.10 Dividend

Franchise Brands plc (LON:FRAN) announced a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 3rd will be paid a dividend of GBX 1.10 ($0.01) per share on Friday, November 1st. This represents a yield of 0.69%. The ex-dividend date is Thursday, October 3rd. The official announcement can be viewed at this link.

Franchise Brands Price Performance

Shares of LON:FRAN opened at GBX 160 ($2.11) on Tuesday. The company has a current ratio of 1.30, a quick ratio of 1.57 and a debt-to-equity ratio of 44.11. The stock has a market cap of £307.55 million, a PE ratio of 8,000.00 and a beta of 0.82. The stock’s fifty day simple moving average is GBX 174.70 and its two-hundred day simple moving average is GBX 177.95. Franchise Brands has a 1-year low of GBX 130 ($1.72) and a 1-year high of GBX 210 ($2.77).

Insider Activity

In other news, insider Peter Kear acquired 57,500 shares of Franchise Brands stock in a transaction on Monday, July 29th. The stock was acquired at an average cost of GBX 174 ($2.30) per share, with a total value of £100,050 ($132,166.45). 48.35% of the stock is currently owned by corporate insiders.

Franchise Brands Company Profile

Franchise Brands plc, through its subsidiaries, engages in franchising and related activities in the United Kingdom and internationally. The company operates through B2B, Filta International, B2C, and Azura segments. It offers drain clearance solutions to commercial customers, including facilities management, construction, manufacturing, education, retail, insurance, water utilities, and public sectors under the Metro Rod name; emergency plumbing services under the Metro Plumb name; fryer management and grease, drain management, and cooking oil filtration services to restaurants, supermarkets, stadiums, healthcare, education, hotels, and amusement parks under the Filta name; and designs, installs, and services adoptable and non-adoptable pump stations under the Willow Pumps name.