FAT Brands (NASDAQ:FATBP) Stock Price Up 0.3%

Shares of FAT Brands Inc. (NASDAQ:FATBPGet Rating) rose 0.3% during mid-day trading on Tuesday . The company traded as high as $18.25 and last traded at $18.12. Approximately 10,170 shares traded hands during trading, a decline of 57% from the average daily volume of 23,743 shares. The stock had previously closed at $18.07.

FAT Brands Stock Performance

The stock has a 50-day simple moving average of $17.94 and a 200-day simple moving average of $18.06.

FAT Brands Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, November 21st. Stockholders of record on Thursday, November 10th were issued a $0.1719 dividend. The ex-dividend date of this dividend was Wednesday, November 9th. This represents a $2.06 annualized dividend and a dividend yield of 11.45%.

About FAT Brands

(Get Rating)

FAT Brands Inc, a multi-brand franchising company, acquires, develops, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. As of October 5, 2022, it owned seventeen restaurant brands, including Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli's, Twin Peaks, Great American Cookies, Hot Dog on a Stick, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean, and Ponderosa Steakhouse/Bonanza Steakhouse, as well as franchises and owns approximately 2,300 locations.

Further Reading

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.