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0.0429447852760736 0.0429447852760736 0.0420245398773005 0.0857668711656441 0.0552147239263803 0.0552147239263803 0.0719386503067484 0.0674723926380369
Stock impact report

Fat Brands Inc. Announces Initiation of Quarterly Cash Dividend

FAT Brands Inc. (FAT) 
US:NASDAQ Investor Relations: ir.fatbrands.com
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)-- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”), a leading global restaurant franchising company, today announced that its Board of Directors has approved its first quarterly cash dividend. The Company’s Board of Directors declared an initial quarterly dividend of $0.12 per share of common stock, payable on April 16, 2018 to stockholders of record as of the close of business on March 30, 2018. “We are pleased to announce the initiation of a quarterly cash dividend, which we believe reflects the strength and stability of our business model. Our predictable cash flow generation and strong balance sheet provide the financial flexibility to continue to grow our portfolio of brands while simultaneously returning a meaningful amount of capital to our stockholders,” said Andy Wiederhorn, President and CEO of FAT Brands. The Show less Read more
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