FAT Brands (FATBB) Set to Announce Quarterly Earnings on Wednesday

FAT Brands (NASDAQ:FATBB) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 1st.

FAT Brands (NASDAQ:FATBB) last issued its quarterly earnings results on Thursday, March 7th. The company reported ($1.68) EPS for the quarter. The company had revenue of $158.64 million during the quarter.

FAT Brands Stock Down 3.5 %

Shares of NASDAQ FATBB traded down $0.22 during mid-day trading on Tuesday, reaching $6.05. The company had a trading volume of 129 shares, compared to its average volume of 1,194. FAT Brands has a one year low of $5.02 and a one year high of $8.96. The business’s 50-day simple moving average is $6.59 and its 200 day simple moving average is $6.07.

FAT Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 9.26%. The ex-dividend date of this dividend is Tuesday, May 14th. FAT Brands’s payout ratio is currently -9.74%.

About FAT Brands

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.