Nathan’s Famous, Inc. (NATH) To Go Ex-Dividend on November 25th

Nathan’s Famous, Inc. (NASDAQ:NATH) declared a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Investors of record on Monday, November 25th will be given a dividend of 0.50 per share by the restaurant operator on Friday, December 6th. This represents a $2.00 annualized dividend and a dividend yield of 2.23%. The ex-dividend date of this dividend is Monday, November 25th.

Nathan’s Famous has raised its dividend by an average of 12.6% annually over the last three years.

Nathan’s Famous Stock Performance

Shares of NATH stock opened at $89.49 on Friday. Nathan’s Famous has a fifty-two week low of $63.01 and a fifty-two week high of $91.56. The firm has a market capitalization of $365.12 million, a price-to-earnings ratio of 16.98 and a beta of 0.21. The stock’s 50-day simple moving average is $82.04 and its 200-day simple moving average is $74.29.

Nathan’s Famous (NASDAQ:NATH) last issued its earnings results on Thursday, August 8th. The restaurant operator reported $2.27 earnings per share (EPS) for the quarter. The company had revenue of $44.77 million during the quarter. Nathan’s Famous had a negative return on equity of 66.80% and a net margin of 15.21%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Nathan’s Famous from a “buy” rating to a “strong-buy” rating in a report on Friday, August 9th.

Nathan’s Famous Company Profile

Nathan's Famous, Inc, together with its subsidiaries, operates in the foodservice industry. The company owns and franchises restaurants under the Nathan's Famous brand name, as well as sells products bearing the Nathan's Famous trademarks through various channels of distribution. It also has license agreements for the manufacture, distribution, marketing, and sale of Nathan's Famous branded hot dogs, sausages, and corned beef products in refrigerated consumer packages to be resold through retail channels, such as supermarkets, groceries, mass merchandisers, and club stores; and other Nathan's Famous branded refrigerated meat products in consumer packages to be resold through retail channels.