FAT Brands Inc. (FATBP) To Go Ex-Dividend on August 9th

FAT Brands Inc. (NASDAQ:FATBP) announced a monthly dividend on Tuesday, July 9th, Wall Street Journal reports. Shareholders of record on Friday, August 9th will be paid a dividend of 0.1719 per share on Tuesday, August 20th. This represents a $2.06 dividend on an annualized basis and a yield of 17.86%. The ex-dividend date is Friday, August 9th.

FAT Brands has decreased its dividend payment by an average of 23.9% annually over the last three years.

FAT Brands Stock Up 0.6 %

NASDAQ:FATBP traded up $0.07 during trading hours on Wednesday, hitting $11.55. 247 shares of the stock were exchanged, compared to its average volume of 14,466. The company’s 50 day moving average is $13.78 and its two-hundred day moving average is $14.68. FAT Brands has a twelve month low of $9.67 and a twelve month high of $17.12.

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.