FAT Brands Inc. Announces Second Quarter Cash Dividend on Class A Common Stock and Class B Common Stock
10 Abril 2023 - 2:31PM
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 2023 second quarter cash dividend of $0.14 per
share on each outstanding share of Class A common stock and Class B
common stock. The dividend is payable on June 1, 2023 to holders of
record of Class A common stock and Class B common stock as of the
close of business on May 15, 2023.
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, 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
Mandzikemandzik@fatbrands.com860-212-6509
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