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

FAT Brands Inc. (NASDAQ:FATBP) declared a monthly dividend on Friday, November 17th, Wall Street Journal reports. Stockholders of record on Friday, December 8th will be given a dividend of 0.1719 per share on Wednesday, December 20th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 14.13%. The ex-dividend date is Thursday, December 7th.

FAT Brands Trading Down 0.1 %

Shares of NASDAQ FATBP traded down $0.02 on Friday, reaching $14.60. 2,336 shares of the company traded hands, compared to its average volume of 9,125. FAT Brands has a fifty-two week low of $13.96 and a fifty-two week high of $19.00. The company has a 50 day moving average of $15.63 and a 200 day moving average of $15.62.

FAT Brands Company Profile

FAT Brands Inc, a multi-brand restaurant 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, and Twin Peaks.