FAT Brands Inc. Announces Second Quarter Cash Dividend on Common Stock
June 02 2021 - 4:05PM
FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), a leading
global franchising company and parent company of iconic brands
including Fatburger, Johnny Rockets, and seven other restaurant
concepts, announced today that its Board of Directors declared the
Company’s fiscal 2021 second quarter cash dividend of $0.13 per
share of common stock on June 1, 2021. The dividend is payable on
June 21, 2021 to common stockholders of record as of the close of
business on June 14, 2021.
The declaration and payment of future dividends,
as well as the amount 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 fast casual and casual dining restaurant
concepts around the world. The Company currently owns nine
restaurant brands: Fatburger, Johnny Rockets, Buffalo’s Cafe,
Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger,
Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and
franchises approximately 700 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 including, but not limited to, uncertainties
surrounding the severity, duration and effects of the COVID-19
pandemic, 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 and
other 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:ICRLynne
CollierIR-FATBrands@icrinc.com646-430-2216
Media Relations:JConnellyErin
Mandzikemandzik@jconnelly.com862-246-9911
###
FAT Brands (NASDAQ:FAT)
Historical Stock Chart
From Mar 2024 to Apr 2024
FAT Brands (NASDAQ:FAT)
Historical Stock Chart
From Apr 2023 to Apr 2024