Fortress Biotech, Inc. Announces Monthly Dividend of $0.20 (NASDAQ:FBIOP)

Fortress Biotech, Inc. (NASDAQ:FBIOPGet Free Report) announced a monthly dividend on Sunday, May 5th, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.1953 per share on Friday, May 31st. This represents a $2.34 annualized dividend and a dividend yield of 14.65%. The ex-dividend date is Tuesday, May 14th.

Fortress Biotech Trading Up 0.1 %

Shares of NASDAQ:FBIOP traded up $0.02 during trading on Monday, hitting $16.00. 4,360 shares of the company were exchanged, compared to its average volume of 12,388. The stock has a 50 day moving average of $16.00 and a 200 day moving average of $13.90. Fortress Biotech has a 52-week low of $6.40 and a 52-week high of $18.73.

Fortress Biotech Company Profile

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Fortress Biotech, Inc, a biopharmaceutical company, develops dermatology, pharmaceutical, and biotechnology products in the United States. The company markets dermatology products, such as Qbrexza a medicated cloth towelette for the treatment of primary axillary hyperhidrosis; Accutane capsules for severe recalcitrant nodular acne; Amzeeq for severe acne vulgaris; Zilxi, a topical foam; Exelderm cream and solution for topical use; Targadox an oral doxycycline drug for adjunctive therapy for severe acne; Luxamend; sulconazole nitrate cream and solution for tinea cruris and tinea corporis; and doxycycline hyclate tablet.

Further Reading

Dividend History for Fortress Biotech (NASDAQ:FBIOP)

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