Nathan’s Famous, Inc. (NASDAQ:NATH – Get Free Report) announced a quarterly dividend on Tuesday, June 9th. Investors of record on Monday, June 22nd will be paid a dividend of 0.50 per share by the restaurant operator on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, June 22nd.
Nathan’s Famous has raised its dividend by an average of 0.3%per year over the last three years.
Nathan’s Famous Price Performance
NASDAQ NATH opened at $101.66 on Friday. Nathan’s Famous has a 52 week low of $88.67 and a 52 week high of $117.49. The firm has a market capitalization of $415.79 million, a price-to-earnings ratio of 20.96 and a beta of 0.28. The company has a fifty day moving average of $101.24 and a two-hundred day moving average of $99.00.
Analyst Ratings Changes
Separately, Weiss Ratings raised shares of Nathan’s Famous from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.
Check Out Our Latest Analysis on Nathan’s Famous
About Nathan’s Famous
Nathan’s Famous Inc is a quick-service restaurant company known for its signature all-beef hot dogs and classic American fast-food offerings. The company operates and franchises a network of dining outlets under the Nathan’s Famous brand, serving items such as hamburgers, chicken sandwiches, french fries and specialty sides. In addition to its restaurant business, Nathan’s Famous markets frozen and refrigerated products to retail and foodservice customers across North America.
The company traces its origins to 1916, when founder Nathan Handwerker opened a modest walk-up stand on Coney Island in Brooklyn, New York.
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