Nathan’s Famous, Inc. Declares Quarterly Dividend of $0.50 (NASDAQ:NATH)

Nathan’s Famous, Inc. (NASDAQ:NATH) announced a quarterly dividend on Thursday, February 5th. Shareholders of record on Tuesday, February 17th will be given a dividend of 0.50 per share by the restaurant operator on Friday, February 27th. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, February 17th.

Nathan’s Famous has increased its dividend payment by an average of 0.1%per year over the last three years.

Nathan’s Famous Stock Down 0.3%

Shares of Nathan’s Famous stock traded down $0.34 on Thursday, reaching $101.20. 42,412 shares of the stock were exchanged, compared to its average volume of 74,017. The business has a 50 day moving average price of $95.13 and a two-hundred day moving average price of $100.80. The firm has a market capitalization of $413.91 million, a price-to-earnings ratio of 18.23 and a beta of 0.34. Nathan’s Famous has a twelve month low of $83.19 and a twelve month high of $118.50.

Nathan’s Famous (NASDAQ:NATH) last posted its earnings results on Thursday, February 5th. The restaurant operator reported $0.75 earnings per share (EPS) for the quarter. The company had revenue of $34.31 million during the quarter. Nathan’s Famous had a net margin of 14.74% and a negative return on equity of 180.07%.

Nathan’s Famous Company Profile

Nathan’s Famous Inc is a quick-service restaurant company known for its signature all-beef hot dogs and classic American fast-food offerings. The company operates and franchises a network of dining outlets under the Nathan’s Famous brand, serving items such as hamburgers, chicken sandwiches, french fries and specialty sides. In addition to its restaurant business, Nathan’s Famous markets frozen and refrigerated products to retail and foodservice customers across North America.

The company traces its origins to 1916, when founder Nathan Handwerker opened a modest walk-up stand on Coney Island in Brooklyn, New York.