FAT Brands Inc. (NASDAQ:FATBP – Get Free Report)’s stock price traded up 0.7% during trading on Wednesday . The stock traded as high as $15.34 and last traded at $15.06. 6,643 shares were traded during mid-day trading, a decline of 26% from the average session volume of 9,007 shares. The stock had previously closed at $14.95.
FAT Brands Stock Up 0.7 %
The company’s 50 day moving average price is $15.56 and its 200 day moving average price is $15.25.
FAT Brands Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, April 22nd. Investors of record on Wednesday, April 10th will be issued a $0.1719 dividend. The ex-dividend date of this dividend is Tuesday, April 9th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 13.70%.
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.
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