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

FAT Brands Inc. (NASDAQ:FATBB) announced a quarterly dividend on Tuesday, July 9th, 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 dividend on an annualized basis and a yield of 10.33%. The ex-dividend date is Thursday, August 15th.

FAT Brands Stock Performance

FATBB opened at $5.42 on Wednesday. FAT Brands has a fifty-two week low of $4.57 and a fifty-two week high of $8.70. The stock has a market capitalization of $88.62 million, a price-to-earnings ratio of -0.88 and a beta of 0.90. The company has a fifty day moving average of $5.00 and a two-hundred day moving average of $5.92.

FAT Brands (NASDAQ:FATBB) last issued its quarterly earnings results on Wednesday, July 31st. The company reported ($1.93) earnings per share (EPS) for the quarter. The business had revenue of $152.04 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.