Shares of FAT Brands Inc. (NASDAQ:FATBP – Get Free Report) rose 0.7% on Wednesday . The company traded as high as $15.34 and last traded at $15.06. Approximately 6,643 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 9,007 shares. The stock had previously closed at $14.95.
FAT Brands Price Performance
The stock has a 50-day moving average price of $15.56 and a two-hundred day moving average price of $15.26.
FAT Brands Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Monday, April 22nd. Shareholders of record on Wednesday, April 10th will be paid a dividend of $0.1719 per share. This represents a $2.06 dividend on an annualized basis and a yield of 13.70%. The ex-dividend date of this dividend is Tuesday, April 9th.
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.
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