FAT Brands Inc (FAT) Declares $0.12 Not Available Dividend
FAT Brands Inc (NASDAQ:FAT) announced a Not Available dividend on Thursday, February 8th, Zacks reports. Stockholders of record on Friday, March 30th will be paid a dividend of 0.12 per share on Monday, April 16th. This represents a dividend yield of 0.015%. The ex-dividend date is Wednesday, March 28th.
Shares of FAT Brands (NASDAQ:FAT) traded down $0.29 during midday trading on Friday, hitting $8.00. The stock had a trading volume of 42,421 shares, compared to its average volume of 18,790. FAT Brands has a 1-year low of $7.52 and a 1-year high of $13.99.
Separately, R. F. Lafferty boosted their price target on FAT Brands from $12.50 to $14.40 and gave the company a “buy” rating in a report on Tuesday, November 21st.
About FAT Brands
FAT Brands Inc is a restaurant franchising company. The Company develops, markets, and acquires fast casual restaurant concepts around the world. As of March 26, 2017, the Company operated the Fatburger, Buffalo’s Cafe and Buffalo’s Express restaurant concepts. The Fatburger restaurant provides meals in the burger restaurant segment.
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