FAT Brands (NASDAQ:FATBP) Stock Price Down 1.2%

FAT Brands Inc. (NASDAQ:FATBP) shares fell 1.2% during mid-day trading on Friday . The stock traded as low as $9.76 and last traded at $9.87. 20,350 shares changed hands during trading, an increase of 23% from the average session volume of 16,520 shares. The stock had previously closed at $9.99.

FAT Brands Stock Down 1.2 %

The firm’s 50-day moving average price is $11.52 and its 200-day moving average price is $13.71.

FAT Brands Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 20th. Stockholders of record on Tuesday, September 10th were paid a $0.1719 dividend. The ex-dividend date was Tuesday, September 10th. This represents a $2.06 annualized dividend and a dividend yield of 20.90%.

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.