FAT Brands Inc. Announces Third Quarter Cash Dividend on Class A Common Stock and Class B Common Stock
14 Julho 2022 - 5:05PM
FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), a leading
global franchising company and parent company of iconic brands
including Round Table Pizza, Fatburger, Marble Slab Creamery,
Johnny Rockets, Twin Peaks, Fazoli’s and 11 other restaurant
concepts, announced today that its Board of Directors has declared
the Company’s fiscal 2022 third quarter cash dividend of $0.14 per
share on each outstanding share of Class A common stock and Class B
common stock, a one cent increase from prior quarter. The dividend
is payable on September 1, 2022 to holders of record of Class A
common stock and Class B common stock as of the close of business
on August 16, 2022.
The declaration and payment of future dividends,
as well as the amounts thereof, are subject to the discretion of
the Company’s Board of Directors. The amount and size of any future
dividends will depend upon the Company’s future results of
operations, financial condition, capital levels, cash requirements
and other factors. There can be no assurance that the Company will
declare and pay dividends in future periods.
About FAT (Fresh. Authentic. Tasty.) Brands
FAT Brands Inc. (NASDAQ: FAT) (the Company) is a
leading global franchising company that strategically acquires,
markets and develops quick service, fast casual and casual dining
restaurant concepts around the world. The Company currently owns
seventeen restaurant brands: Round Table Pizza, Fatburger, Marble
Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American
Cookies, Hot Dog on a Stick, Buffalo’s Cafe & Express,
Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native
Grill & Wings, Yalla Mediterranean, Ponderosa and Bonanza
Steakhouses and franchises and owns over 2,300 units worldwide. For
more information, please visit www.fatbrands.com.
Forward Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements are subject to
significant business, economic and competitive risks, uncertainties
and contingencies including, but not limited to, uncertainties
surrounding the severity, duration and effects of the COVID-19
pandemic, many of which are difficult to predict and beyond our
control, which could cause our actual results to differ materially
from the results expressed or implied in such forward-looking
statements. We refer you to the documents we file from time to time
with the Securities and Exchange Commission, such as our reports on
Form 10-K, Form 10-Q and Form 8-K, for a discussion of these and
other risks, uncertainties and contingencies. We undertake no
obligation to update any forward-looking statement to reflect
events or circumstances occurring after the date of this press
release.
Investor Relations: ICRMichelle Michalski
IR-FATBrands@icrinc.com646-277-1224
Media Relations: FAT Brands Inc. Erin Mandzik
emandzik@fatbrands.com 860 -212 -6509
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