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 of this dividend is Tuesday, February 17th.
Nathan’s Famous has increased its dividend payment by an average of 0.1%annually over the last three years.
Nathan’s Famous Stock Performance
Shares of NASDAQ:NATH traded down $0.34 during midday trading on Thursday, reaching $101.20. 42,412 shares of the company’s stock traded hands, compared to its average volume of 74,017. The company has a market cap of $413.91 million, a price-to-earnings ratio of 18.23 and a beta of 0.34. The stock has a 50 day moving average of $95.13 and a 200 day moving average of $100.80. Nathan’s Famous has a one year low of $83.19 and a one year high of $118.50.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Nathan’s Famous in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy”.
Read Our Latest Analysis on Nathan’s Famous
Nathan’s Famous Company Profile
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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