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

FAT Brands Inc. (NASDAQ:FATBP) declared a monthly dividend on Friday, November 29th,Wall Street Journal reports. Investors of record on Tuesday, December 10th will be given a dividend of 0.1719 per share on Friday, December 20th. This represents a $2.06 annualized dividend and a dividend yield of 20.40%. The ex-dividend date of this dividend is Tuesday, December 10th. This is a boost from FAT Brands’s previous monthly dividend of $0.17.

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

FAT Brands Stock Up 3.4 %

FATBP stock opened at $10.11 on Friday. The company has a fifty day moving average price of $9.59 and a two-hundred day moving average price of $11.66. FAT Brands has a one year low of $9.13 and a one year 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.