FAT Brands Inc. Announces Third Quarter Cash Dividend on Class A Common Stock and Class B Common Stock
27 Agosto 2021 - 12:15AM
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 and 10 other restaurant concepts, announced today
that its Board of Directors has declared the Company’s fiscal 2021
third quarter cash dividend of $0.13 per share on each outstanding
share of Class A common stock and Class B common stock. The
dividend is payable on September 15, 2021 to holders of record of
Class A common stock and Class B common stock as of the close of
business on September 6, 2021.
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 fast casual and casual dining restaurant
concepts around the world. The Company currently owns fourteen
restaurant brands: Round Table Pizza, Fatburger, Marble Slab
Creamery, Johnny Rockets, Great American Cookies, Hot Dog on a
Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings,
Pretzelmaker, Elevation Burger, Yalla Mediterranean, Ponderosa and
Bonanza Steakhouses and franchises approximately 2,000 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:ICRLynne
CollierIR-FATBrands@icrinc.com646-430-2216
Media Relations:JConnellyErin
Mandzikemandzik@jconnelly.com862-246-9911
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