STOCK TITAN

FAT Brands Inc. Announces Second Quarter Cash Dividend on Class A Common Stock and Class B Common Stock

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
FAT Brands Inc. declared a cash dividend of $0.14 per share on its Class A and Class B common stock for the second quarter of fiscal year 2024. The dividend is payable on May 31, 2024, to shareholders of record as of May 15, 2024. The Company's future dividend payments are subject to the discretion of the Board of Directors.
FAT Brands Inc. ha dichiarato un dividendo in contanti di $0,14 per azione sulle sue azioni comuni di Classe A e Classe B per il secondo trimestre dell'anno fiscale 2024. Il dividendo sarà pagabile il 31 maggio 2024 ai possessori di record al 15 maggio 2024. I futuri pagamenti dei dividendi da parte della Società sono soggetti alla discrezione del Consiglio di Amministrazione.
FAT Brands Inc. ha declarado un dividendo en efectivo de $0.14 por acción en sus acciones comunes Clase A y Clase B para el segundo trimestre del año fiscal 2024. El dividendo se pagará el 31 de mayo de 2024 a los accionistas registrados hasta el 15 de mayo de 2024. Los futuros pagos de dividendos de la Compañía están sujetos a la discreción de la Junta Directiva.
FAT Brands Inc.는 2024 회계 연도 2분기에 대해 클래스 A 및 클래스 B 보통주 주당 $0.14의 현금 배당을 선언했습니다. 이 배당금은 2024년 5월 15일에 등록된 주주들에게 2024년 5월 31일에 지급됩니다. 회사의 향후 배당금 지급은 이사회의 재량에 따릅니다.
FAT Brands Inc. a déclaré un dividende en espèces de 0,14 $ par action sur ses actions ordinaires de classe A et classe B pour le deuxième trimestre de l'exercice fiscal 2024. Le dividende sera payable le 31 mai 2024 aux actionnaires inscrits au 15 mai 2024. Les futurs versements de dividendes par la Société sont soumis à la discrétion du Conseil d'administration.
FAT Brands Inc. hat eine Bardividende von $0,14 pro Aktie auf seine Stammaktien der Klasse A und Klasse B für das zweite Quartal des Geschäftsjahres 2024 erklärt. Die Dividende wird am 31. Mai 2024 an die Aktionäre ausgezahlt, die am 15. Mai 2024 als solche eingetragen sind. Zukünftige Dividendenzahlungen der Gesellschaft unterliegen dem Ermessen des Vorstands.
Positive
  • None.
Negative
  • None.

LOS ANGELES, April 23, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), a leading global franchising company and parent company of iconic brands including Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Twin Peaks, Fazoli’s, Smokey Bones and 11 other restaurant concepts, announced today that its Board of Directors has declared the Company’s fiscal 2024 second quarter cash dividend of $0.14 per share on each outstanding share of Class A common stock and Class B common stock. The dividend is payable on May 31, 2024 to holders of record of Class A common stock and Class B common stock as of the close of business on May 15, 2024.

The declaration and payment of future dividends, as well as the amounts thereof, are subject to the discretion of the Company’s Board of Directors. The amount and size of any future dividends will depend upon the Company’s future results of operations, financial condition, capital levels, cash requirements and other factors. There can be no assurance that the Company will declare and pay dividends in future periods.

About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands Inc. (NASDAQ: FAT) (the Company) is a leading global franchising company that strategically acquires, markets and develops quick service, fast casual and casual dining restaurant concepts around the world. The Company currently owns eighteen restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Smokey Bones, Great American Cookies, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean, Ponderosa and Bonanza Steakhouses and franchises and owns over 2,300 units worldwide. For more information, please visit www.fatbrands.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to significant business, economic and competitive risks, uncertainties and contingencies, many of which are difficult to predict and beyond our control, which could cause our actual results to differ materially from the results expressed or implied in such forward-looking statements. We refer you to the documents we file from time to time with the Securities and Exchange Commission, such as our reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of these risks, uncertainties and contingencies. We undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date of this press release.

Investor Relations:
ICR
Michelle Michalski
IR-FATBrands@icrinc.com
646-277-1224

Media Relations:
FAT Brands Inc.
Erin Mandzik
emandzik@fatbrands.com
860 -212 -6509

###


FAQ

What dividend has FAT Brands Inc. announced for its Class A and Class B common stock for the second quarter of fiscal year 2024?

FAT Brands Inc. has declared a cash dividend of $0.14 per share on each outstanding share of Class A common stock and Class B common stock.

When will the dividend be payable to shareholders?

The dividend will be payable on May 31, 2024, to holders of record of Class A common stock and Class B common stock as of May 15, 2024.

What factors will determine the declaration and payment of future dividends by FAT Brands Inc.?

The declaration and payment of future dividends, as well as the amounts thereof, are subject to the discretion of the Company’s Board of Directors. Future dividends will depend on the Company’s results of operations, financial condition, capital levels, cash requirements, and other factors.

FAT Brands Inc.

NASDAQ:FAT

FAT Rankings

FAT Latest News

FAT Stock Data

124.87M
4.45M
70.79%
6.95%
0.32%
Food Service Contractors
Accommodation and Food Services
Link
United States of America
BEVERLY HILLS

About FAT

fat brands inc. is a leading, global, multi-brand, restaurant franchising company that strategically develops, markets, and acquires restaurant concepts worldwide. we currently operate fatburger, buffalo’s cafe, buffalo's express and the ponderosa & bonanza steakhouse concepts, with over 300 locations world-wide. our passionate and dedicated in-house support teams work across all brands. the operations, construction, purchasing, architecture & design, kitchen design, training, logistics and marketing departments are highly experienced and dedicated to helping our franchisees achieve their entrepreneurial goals. our franchisees are in business for themselves, not by themselves. our strategically aligned, complimentary restaurant concepts, provide our franchisees the opportunity for continued growth within the markets they develop, across multiple brands and industry segments, while diversifying their portfolio of brands.