FAT Brands Inc. Declares Quarterly Dividend of $0.14 (NASDAQ:FATBB)

FAT Brands Inc. (NASDAQ:FATBB) announced a quarterly dividend on Friday, July 12th, Wall Street Journal reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.14 per share on Friday, August 30th. This represents a $0.56 annualized dividend and a yield of 11.89%. The ex-dividend date is Thursday, August 15th.

FAT Brands Price Performance

FATBB stock traded up $0.01 during midday trading on Friday, hitting $4.71. The stock had a trading volume of 2,660 shares, compared to its average volume of 1,957. The business has a 50-day moving average of $5.14 and a two-hundred day moving average of $6.01. FAT Brands has a 52-week low of $4.57 and a 52-week high of $8.96.

FAT Brands (NASDAQ:FATBB) last issued its quarterly earnings results on Wednesday, May 1st. The company reported ($2.37) earnings per share for the quarter. The company had revenue of $151.97 million during the quarter.

About FAT Brands

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.