Thriving with Robust Performance: Nathan's Famous Delivers Growing Profits to Investors
Portfolio Pulse from Benzinga Insights
Nathan's Famous (NASDAQ:NATH) will pay a dividend of $0.50 per share on December 01, 2023, with an annualized yield of 3.09%. Shareholders as of November 17, 2023, will be eligible. The company has shown a positive trend in dividend per share growth from $1.30 in 2019 to $1.80 in 2022, and earnings per share growth from $3.18 in 2019 to $4.24 in 2022. This suggests a strong financial health and potential for future dividend increases. FAT Brands (NASDAQ:FAT) has the highest annualized dividend yield in the industry at 9.66%.
December 01, 2023 | 3:05 pm
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NEUTRAL IMPACT
FAT Brands has the highest annualized dividend yield in the industry at 9.66%, surpassing Nathan's Famous's yield.
While FAT Brands is mentioned as having a higher dividend yield than Nathan's Famous, there is no specific news about FAT Brands itself that would directly impact its stock price in the short term. The mention is more comparative and does not reflect a change in FAT Brands' dividend policy or financials.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Nathan's Famous is distributing a $0.50/share dividend with a 3.09% yield, showing positive dividend and earnings growth, indicating financial strength and potential for future increases.
The consistent increase in dividends and earnings per share over the past years demonstrates Nathan's Famous's financial health and commitment to returning value to shareholders. This trend is likely to have a positive impact on investor sentiment and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100