FAT Brands Inc. (NASDAQ:FATBB) to Issue $0.14 Quarterly Dividend

FAT Brands Inc. (NASDAQ:FATBB) declared a quarterly dividend on Tuesday, April 23rd, Zacks reports. Shareholders of record on Wednesday, May 15th will be given a dividend of 0.14 per share on Friday, May 31st. This represents a $0.56 annualized dividend and a dividend yield of 8.92%. The ex-dividend date is Tuesday, May 14th.

FAT Brands Stock Up 1.3 %

Shares of FATBB traded up $0.08 during midday trading on Wednesday, hitting $6.28. 2,025 shares of the company traded hands, compared to its average volume of 441. FAT Brands has a 52 week low of $5.02 and a 52 week high of $8.96. The firm has a 50 day moving average of $6.69 and a 200-day moving average of $6.07.

FAT Brands (NASDAQ:FATBB) last announced its quarterly earnings results on Thursday, March 7th. The company reported ($1.68) EPS for the quarter. The company had revenue of $158.64 million for the quarter.

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.