Shares of FAT Brands Inc. (NASDAQ:FATBP – Get Free Report) shot up 0.7% on Wednesday . The stock traded as high as $15.34 and last traded at $15.06. 6,643 shares changed hands during trading, a decline of 26% from the average session volume of 9,007 shares. The stock had previously closed at $14.95.
FAT Brands Trading Up 0.7 %
The firm has a 50-day simple moving average of $15.56 and a two-hundred day simple moving average of $15.26.
FAT Brands Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, April 22nd. Shareholders of record on Wednesday, April 10th will be given a dividend of $0.1719 per share. This represents a $2.06 annualized dividend and a yield of 13.70%. The ex-dividend date of this dividend is Tuesday, April 9th.
FAT Brands Company Profile
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.
Recommended Stories
- Five stocks we like better than FAT Brands
- Investing in Commodities: What Are They? How to Invest in Them
- United Airlines Soars on Earnings Beat
- There Are Different Types of Stock To Invest In
- J.B. Hunt Hits the Skids: Lower Prices to Come
- What Are Trending Stocks? Trending Stocks Explained
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for FAT Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FAT Brands and related companies with MarketBeat.com's FREE daily email newsletter.