Nathan’s Famous, Inc. (NASDAQ:NATH) declared a quarterly dividend on Monday, November 5th, Wall Street Journal reports. Investors of record on Monday, December 3rd will be given a dividend of 0.25 per share by the restaurant operator on Friday, December 14th. This represents a $1.00 annualized dividend and a dividend yield of 1.37%. The ex-dividend date is Friday, November 30th.
NATH opened at $73.22 on Tuesday. Nathan’s Famous has a 1 year low of $60.35 and a 1 year high of $107.05. The firm has a market capitalization of $301.55 million, a P/E ratio of 26.47 and a beta of -0.01.
Nathan’s Famous (NASDAQ:NATH) last posted its earnings results on Friday, August 3rd. The restaurant operator reported $1.13 earnings per share (EPS) for the quarter. The firm had revenue of $30.17 million during the quarter. Nathan’s Famous had a net margin of 5.78% and a negative return on equity of 13.67%.
Several equities research analysts recently commented on the stock. BidaskClub lowered shares of Nathan’s Famous from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 30th. ValuEngine lowered shares of Nathan’s Famous from a “buy” rating to a “hold” rating in a report on Monday, September 24th.
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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.
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