FAT Brands Inc. (NASDAQ:FATBP) Declares Monthly Dividend of $0.17

FAT Brands Inc. (NASDAQ:FATBP) announced a monthly dividend on Tuesday, September 17th, Wall Street Journal reports. Stockholders of record on Thursday, October 10th will be paid a dividend of 0.1719 per share on Monday, October 21st. This represents a $2.06 annualized dividend and a dividend yield of 21.22%. The ex-dividend date of this dividend is Thursday, October 10th.

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

FAT Brands Trading Down 0.1 %

Shares of NASDAQ:FATBP opened at $9.72 on Wednesday. FAT Brands has a one year low of $9.33 and a one year high of $16.37. The company has a 50 day moving average of $10.56 and a 200-day moving average of $13.12.

FAT Brands Company Profile

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.