LOS ANGELES - FAT Brands Inc. (NASDAQ: FAT), a prominent franchising company known for its portfolio of restaurant brands, has declared a quarterly cash dividend of $0.14 per share for both its Class A and Class B common stock. The dividend is scheduled for payment on March 1, 2024, to stockholders recorded by February 15, 2024.
FAT Brands, which oversees a diverse array of eighteen restaurant concepts including Round Table Pizza, Fatburger, and Johnny Rockets, has a global presence, franchising and owning more than 2,300 units across the world.
FAT Brands has positioned itself as a key player in the restaurant franchising sector by acquiring and developing a variety of dining establishments that range from quick service to casual dining. Their brand portfolio has expanded to include Great American Cookies, Smokey Bones, and Elevation Burger, among others.
The information regarding the dividend is based on a press release statement from FAT Brands.
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