Franchise Brands plc (LON:FRAN) Announces Dividend Increase – GBX 1.30 Per Share

Franchise Brands plc (LON:FRAN) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Investors 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

Shares of LON FRAN opened at GBX 143 ($1.85) on Friday. The company has a debt-to-equity ratio of 42.67, a current ratio of 1.39 and a quick ratio of 1.57. The firm has a market capitalization of £276.40 million, a PE ratio of 35.90 and a beta of 0.82. Franchise Brands has a 1-year low of GBX 131 ($1.70) and a 1-year high of GBX 210 ($2.72). The business’s fifty day moving average price is GBX 143.11 and its two-hundred day moving average price is GBX 153.14.

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

Insider Buying and Selling at Franchise Brands

In related news, insider Peter Kear acquired 35,000 shares of Franchise Brands stock in a transaction that occurred on Thursday, January 30th. The stock was acquired at an average price of GBX 136 ($1.76) per share, with a total value of £47,600 ($61,626.10). Also, insider Louise George bought 100,000 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The stock was bought at an average price of GBX 148 ($1.92) per share, with a total value of £148,000 ($191,610.56). 39.04% of the stock is owned by company insiders.

About Franchise Brands

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.