Nathans Famous, Inc. (NASDAQ:NATH) declared quarterly dividend of $ 0.35 per share, or $ 1.40 annualized.
The dividend will be payable on September 4, 2020, to stockholders of record on August 24, 2020, with an ex-dividend date of August 21, 2020.
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According to the previous trading day, closing price of NATH was $ 51.38, representing a 31.71 % increase from the 52 week low of $ 39.01 and a 37.48 % decrease over the 52 week high of $ 82.18.
The company has a market capital of $ 211.41 million and is part of the Consumer Cyclical sector and Restaurants industry.
Nathans Famous, Inc., together with its subsidiaries, operates in the foodservice industry. The company owns and franchises restaurants under the Nathans Famous brand name, as well as sells products bearing the Nathans Famous trademarks through various channels of distribution. It also has license agreements for the manufacture, distribution, marketing, and sale of Nathans Famous branded hot dogs, sausages, and corned beef products in refrigerated consumer packages to be resold through retail channels, such as supermarkets, groceries, mass merchandisers, and club stores; and other Nathans Famous branded refrigerated meat products in consumer packages to be resold through retail channels.