Franchise Brands plc (LON:FRAN) Declares GBX 1.10 Dividend

Franchise Brands plc (LON:FRAN) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 3rd will be paid a dividend of GBX 1.10 ($0.01) per share on Friday, November 1st. This represents a yield of 0.69%. The ex-dividend date of this dividend is Thursday, October 3rd. The official announcement can be viewed at this link.

Franchise Brands Stock Performance

Shares of FRAN opened at GBX 160.51 ($2.12) on Wednesday. The company’s 50 day moving average price is GBX 174.70 and its 200 day moving average price is GBX 177.95. Franchise Brands has a 52 week low of GBX 130 ($1.72) and a 52 week high of GBX 210 ($2.77). The company has a market capitalization of £308.53 million, a PE ratio of 8,140.00 and a beta of 0.82. The company has a debt-to-equity ratio of 44.11, a quick ratio of 1.57 and a current ratio of 1.30.

Insider Activity at Franchise Brands

In related news, insider Peter Kear acquired 57,500 shares of the stock in a transaction that occurred on Monday, July 29th. The shares were purchased at an average cost of GBX 174 ($2.30) per share, with a total value of £100,050 ($132,166.45). 48.35% of the stock is currently owned by insiders.

About Franchise Brands

Franchise Brands plc, through its subsidiaries, engages in franchising and related activities in the United Kingdom and internationally. The company operates through B2B, Filta International, B2C, and Azura segments. It offers drain clearance solutions to commercial customers, including facilities management, construction, manufacturing, education, retail, insurance, water utilities, and public sectors under the Metro Rod name; emergency plumbing services under the Metro Plumb name; fryer management and grease, drain management, and cooking oil filtration services to restaurants, supermarkets, stadiums, healthcare, education, hotels, and amusement parks under the Filta name; and designs, installs, and services adoptable and non-adoptable pump stations under the Willow Pumps name.