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

FAT Brands Inc. (NASDAQ:FATBP) announced a monthly dividend on Thursday, January 23rd,Wall Street Journal reports. Shareholders of record on Monday, February 10th will be given a dividend of 0.1719 per share on Thursday, February 20th. This represents a $2.06 annualized dividend and a yield of 20.76%. The ex-dividend date is Monday, February 10th.

FAT Brands has decreased its dividend payment by an average of 2.9% annually over the last three years.

FAT Brands Trading Up 0.2 %

NASDAQ FATBP traded up $0.02 during trading on Thursday, hitting $9.94. The stock had a trading volume of 15,674 shares, compared to its average volume of 19,141. The company’s 50-day moving average price is $9.71 and its two-hundred day moving average price is $10.44. FAT Brands has a 12 month low of $9.13 and a 12 month high of $16.37.

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.