Nathan’s Famous, Inc. (NASDAQ:NATH – Get Free Report) declared a quarterly dividend on Thursday, February 5th. Investors of record on Tuesday, February 17th will be paid a dividend of 0.50 per share by the restaurant operator on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Tuesday, February 17th.
Nathan’s Famous has increased its dividend by an average of 0.1%per year over the last three years.
Nathan’s Famous Price Performance
NASDAQ:NATH opened at $101.20 on Friday. Nathan’s Famous has a one year low of $83.19 and a one year high of $118.50. The company has a fifty day moving average price of $95.13 and a 200 day moving average price of $100.80. The stock has a market cap of $413.81 million, a P/E ratio of 18.23 and a beta of 0.34.
About Nathan’s Famous
Nathan’s Famous Inc is a quick-service restaurant company known for its signature all-beef hot dogs and classic American fast-food offerings. The company operates and franchises a network of dining outlets under the Nathan’s Famous brand, serving items such as hamburgers, chicken sandwiches, french fries and specialty sides. In addition to its restaurant business, Nathan’s Famous markets frozen and refrigerated products to retail and foodservice customers across North America.
The company traces its origins to 1916, when founder Nathan Handwerker opened a modest walk-up stand on Coney Island in Brooklyn, New York.
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