Franchise Brands plc (FRAN) to Issue Dividend of GBX 1.30 on May 23rd

Franchise Brands plc (LON:FRAN) announced a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, May 8th will be given a dividend of GBX 1.30 ($0.02) per share on Friday, May 23rd. This represents a yield of 0.95%. The ex-dividend date is Thursday, May 8th. This is a 18.2% increase from Franchise Brands’s previous dividend of $1.10. The official announcement can be seen at this link.

Franchise Brands Price Performance

FRAN opened at GBX 141 ($1.83) on Friday. The firm has a 50-day moving average price of GBX 143.21 and a 200-day moving average price of GBX 152.95. Franchise Brands has a twelve month low of GBX 131 ($1.70) and a twelve month high of GBX 210 ($2.72). The company has a quick ratio of 1.57, a current ratio of 1.39 and a debt-to-equity ratio of 42.67. The company has a market capitalization of £272.53 million, a price-to-earnings ratio of 35.40 and a beta of 0.82.

Franchise Brands (LON:FRAN) last issued its earnings results on Thursday, March 27th. The company reported GBX 8.59 ($0.11) earnings per share (EPS) for the quarter. Franchise Brands had a net margin of 6.43% and a return on equity of 3.60%. Equities analysts expect that Franchise Brands will post 11.3266098 EPS for the current year.

Insider Buying and Selling

In other news, insider Peter Kear bought 35,000 shares of the stock in a transaction on Thursday, January 30th. The shares were acquired at an average cost of GBX 136 ($1.76) per share, for a total transaction of £47,600 ($61,610.15). Also, insider Louise George purchased 100,000 shares of Franchise Brands stock in a transaction dated Monday, February 10th. The shares were purchased at an average price of GBX 148 ($1.92) per share, with a total value of £148,000 ($191,560.96). 39.04% of the stock is currently owned by insiders.

Franchise Brands Company Profile

Franchise Brands is an international, multi-brand franchisor focused on building market-leading businesses primarily via a franchise model. The Group has a combined network of over 625 franchisees across seven franchise brands in ten countries covering the UK, North America and Europe.

Franchise Brands’ focus is on B2B van-based reactive and planned services.