FAT Brands Inc. (FATBP) to Issue Monthly Dividend of $0.17 on November 20th

FAT Brands Inc. (NASDAQ:FATBP) announced 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 21.18%. The ex-dividend date is Friday, November 8th.

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

FAT Brands Price Performance

FATBP traded up $0.31 during trading on Wednesday, reaching $9.74. 4,618 shares of the company’s stock were exchanged, compared to its average volume of 16,670. The company’s fifty day moving average price is $9.89 and its 200-day moving average price is $12.28. FAT Brands has a fifty-two week low of $9.33 and a fifty-two week high of $16.37.

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.