Franchise Brands plc (FRAN) to Issue Dividend of GBX 1.10 on November 1st

Franchise Brands plc (LON:FRAN) announced a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 3rd will be paid a dividend of GBX 1.10 ($0.01) per share on Friday, November 1st. This represents a yield of 0.69%. The ex-dividend date is Thursday, October 3rd. The official announcement can be accessed at this link.

Franchise Brands Stock Performance

Shares of Franchise Brands stock opened at GBX 147.70 ($1.98) on Tuesday. The company has a quick ratio of 1.57, a current ratio of 1.39 and a debt-to-equity ratio of 42.68. The company has a 50 day moving average price of GBX 172.52 and a 200 day moving average price of GBX 176.79. Franchise Brands has a 52 week low of GBX 130 ($1.74) and a 52 week high of GBX 210 ($2.81). The firm has a market capitalization of £284.12 million, a P/E ratio of 3,725.00 and a beta of 0.82.

Insiders Place Their Bets

In other Franchise Brands news, insider Nigel Wray sold 7,000,000 shares of Franchise Brands stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of GBX 160 ($2.14), for a total transaction of £11,200,000 ($14,981,273.41). In related news, insider Nigel Wray sold 7,000,000 shares of the business’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of GBX 160 ($2.14), for a total value of £11,200,000 ($14,981,273.41). Also, insider Peter Kear bought 57,500 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were acquired at an average price of GBX 174 ($2.33) per share, for a total transaction of £100,050 ($133,828.25). 41.27% of the stock is currently owned by insiders.

Franchise Brands Company Profile

Franchise Brands plc, through its subsidiaries, engages in franchising and related activities in the United Kingdom and internationally. The company operates through B2B, Filta International, B2C, and Azura segments. It offers drain clearance solutions to commercial customers, including facilities management, construction, manufacturing, education, retail, insurance, water utilities, and public sectors under the Metro Rod name; emergency plumbing services under the Metro Plumb name; fryer management and grease, drain management, and cooking oil filtration services to restaurants, supermarkets, stadiums, healthcare, education, hotels, and amusement parks under the Filta name; and designs, installs, and services adoptable and non-adoptable pump stations under the Willow Pumps name.