Nathan’s Famous, Inc. Declares Quarterly Dividend of $0.50 (NASDAQ:NATH)

Nathan’s Famous, Inc. (NASDAQ:NATHGet Free Report) announced a quarterly dividend on Tuesday, June 9th. Stockholders of record on Monday, June 22nd will be given a dividend of 0.50 per share by the restaurant operator on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, June 22nd.

Nathan’s Famous has increased its dividend payment by an average of 0.1%annually over the last three years.

Nathan’s Famous Price Performance

Shares of NATH traded down $0.82 during trading hours on Tuesday, hitting $101.47. 25,818 shares of the company were exchanged, compared to its average volume of 38,741. The company has a market capitalization of $415.01 million, a PE ratio of 19.51 and a beta of 0.28. The firm has a fifty day simple moving average of $101.08 and a 200-day simple moving average of $98.50. Nathan’s Famous has a one year low of $88.67 and a one year high of $118.50.

Nathan’s Famous (NASDAQ:NATHGet Free Report) last released its quarterly earnings data on Tuesday, June 9th. The restaurant operator reported $0.68 earnings per share for the quarter. The business had revenue of $35.07 million during the quarter. Nathan’s Famous had a negative return on equity of 182.42% and a net margin of 13.59%.

Analyst Ratings Changes

Separately, Weiss Ratings raised Nathan’s Famous from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Nathan’s Famous has a consensus rating of “Buy”.

Read Our Latest Research Report on NATH

Nathan’s Famous Company Profile

(Get Free Report)

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.

See Also

Dividend History for Nathan's Famous (NASDAQ:NATH)

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