FAT Brands Inc. (NASDAQ:FATBB) Plans Quarterly Dividend of $0.14

FAT Brands Inc. (NASDAQ:FATBB) declared a quarterly dividend on Tuesday, April 23rd, Zacks reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.14 per share on Friday, May 31st. This represents a $0.56 annualized dividend and a dividend yield of 8.92%. The ex-dividend date is Tuesday, May 14th.

FAT Brands Price Performance

Shares of NASDAQ FATBB traded up $0.08 during midday trading on Wednesday, hitting $6.28. 2,025 shares of the company traded hands, compared to its average volume of 441. FAT Brands has a 12-month low of $5.02 and a 12-month high of $8.96. The stock has a 50-day moving average price of $6.69 and a 200 day moving average price of $6.07.

FAT Brands (NASDAQ:FATBB) last announced its quarterly earnings data on Thursday, March 7th. The company reported ($1.68) earnings per share for the quarter. The business had revenue of $158.64 million for the quarter.

About FAT Brands

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.