Nathans Famous, Inc. (NASDAQ:NATH) will begin trading ex-dividend on November 20, 2020. The quarterly dividend payment of $ 0.35 per share is scheduled to be paid on December 4, 2020. The dividend yield based on the latest trading day closing price was 2.33 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 20, 2020.
Dividends History
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Nathans Famous, Inc. recently reported second quarter financial results on November 6, 2020, before market open, the Jericho based company revealed income for the second quarter of $ 0.89 per share, from the revenue of $ 21.84 million. The quarterly earnings expanded 2.30 percent while revenues down 26.54 percent compared with the same quarter last year.
Stock Performance
On Friday, shares of Nathans Famous, Inc. has traded high as $ 60.82 and has cracked $ 59.26 on the downward trend, reaching $ 60.19 with volume of 4.70 thousand shares.
According to the previous trading day, closing price of $ 60.19, representing a 51.91 % increase from the 52 week low of $ 39.01 and a 24.99 % decrease over the 52 week high of $ 79.00.
The company has a market capital of $ 247.68 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.
