Nathan’s Famous, Inc. (NASDAQ:NATH) to Issue $0.50 Quarterly Dividend

Nathan’s Famous, Inc. (NASDAQ:NATHGet Free Report) announced a quarterly dividend on Tuesday, June 9th. Shareholders of record on Monday, June 22nd will be paid a dividend of 0.50 per share by the restaurant operator on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Monday, June 22nd.

Nathan’s Famous has raised its dividend payment by an average of 0.1%annually over the last three years.

Nathan’s Famous Price Performance

Nathan’s Famous stock opened at $101.47 on Wednesday. Nathan’s Famous has a 1-year low of $88.67 and a 1-year high of $118.50. The company has a market cap of $415.01 million, a PE ratio of 19.51 and a beta of 0.28. The stock’s 50 day moving average price is $101.10 and its 200 day moving average price is $98.55.

Nathan’s Famous (NASDAQ:NATHGet Free Report) last released its quarterly earnings data on Tuesday, June 9th. The restaurant operator reported $0.68 earnings per share (EPS) for the quarter. The firm had revenue of $35.07 million during the quarter. Nathan’s Famous had a negative return on equity of 182.42% and a net margin of 13.59%.

Key Stories Impacting Nathan’s Famous

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Nathan’s Famous Company Profile

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Nathan’s Famous Inc is a quick-service restaurant company known for its signature all-beef hot dogs and classic American fast-food offerings. The company operates and franchises a network of dining outlets under the Nathan’s Famous brand, serving items such as hamburgers, chicken sandwiches, french fries and specialty sides. In addition to its restaurant business, Nathan’s Famous markets frozen and refrigerated products to retail and foodservice customers across North America.

The company traces its origins to 1916, when founder Nathan Handwerker opened a modest walk-up stand on Coney Island in Brooklyn, New York.

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Dividend History for Nathan's Famous (NASDAQ:NATH)

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