Franchise Brands plc (LON:FRAN) Increases Dividend to GBX 1.30 Per Share

Franchise Brands plc (LON:FRANGet Free Report) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, May 8th will be paid a dividend of GBX 1.30 ($0.02) per share on Friday, May 23rd. This represents a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, May 8th. This is a 18.2% increase from Franchise Brands’s previous dividend of $1.10. The official announcement can be accessed at this link.

Franchise Brands Price Performance

Shares of LON:FRAN opened at GBX 139.60 ($1.80) on Thursday. The firm has a market cap of £269.83 million, a price-to-earnings ratio of 35.05 and a beta of 0.82. Franchise Brands has a 1 year low of GBX 131 ($1.69) and a 1 year high of GBX 210 ($2.70). The company has a current ratio of 1.39, a quick ratio of 1.57 and a debt-to-equity ratio of 42.67. The business has a fifty day simple moving average of GBX 143.01 and a 200 day simple moving average of GBX 153.21.

Franchise Brands (LON:FRANGet Free Report) last released its quarterly earnings results on Thursday, March 27th. The company reported GBX 8.59 ($0.11) earnings per share for the quarter. Franchise Brands had a net margin of 6.43% and a return on equity of 3.60%. As a group, sell-side analysts predict that Franchise Brands will post 11.3266098 earnings per share for the current fiscal year.

Insider Activity at Franchise Brands

In related news, insider Louise George purchased 100,000 shares of the firm’s stock in a transaction dated Monday, February 10th. The shares were acquired at an average cost of GBX 148 ($1.91) per share, with a total value of £148,000 ($190,549.76). Also, insider Peter Kear acquired 35,000 shares of the firm’s stock in a transaction on Thursday, January 30th. The stock was purchased at an average price of GBX 136 ($1.75) per share, for a total transaction of £47,600 ($61,284.92). 39.04% of the stock is owned by corporate insiders.

About Franchise Brands

(Get Free Report)

Franchise Brands is an international, multi-brand franchisor focused on building market-leading businesses primarily via a franchise model. The Group has a combined network of over 625 franchisees across seven franchise brands in ten countries covering the UK, North America and Europe.

Franchise Brands’ focus is on B2B van-based reactive and planned services.

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Dividend History for Franchise Brands (LON:FRAN)

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