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

FAT Brands Inc. (NASDAQ:FATBPGet Rating) announced a monthly dividend on Wednesday, April 20th, Wall Street Journal reports. Stockholders of record on Tuesday, May 10th will be paid a dividend of 0.1719 per share on Friday, May 20th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 16.37%. The ex-dividend date is Monday, May 9th.

Shares of FATBP traded up $0.10 during midday trading on Wednesday, reaching $12.60. The stock had a trading volume of 386 shares, compared to its average volume of 25,590. FAT Brands has a 1-year low of $11.50 and a 1-year high of $25.00.

About FAT Brands (Get Rating)

FAT Brands Inc, a multi-brand franchising company, acquires, develops, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. As of December 26, 2021, it owned seventeen restaurant brands, including Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli's, Twin Peaks, Great American Cookies, Hot Dog on a Stick, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean, and Ponderosa Steakhouse/Bonanza Steakhouse, as well as operated 129 directly owned restaurants and 2,240 franchised locations.

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