Nathan's Famous is a renowned American restaurant chain primarily known for its iconic hot dogs and fast-food offerings. Established in Coney Island, New York, the company features a diverse menu that includes hamburgers, french fries, and various other classic American fast-food items. Nathan's Famous also engages in retail operations, selling its hot dogs and condiments through grocery stores and other food distributors, allowing fans of its brand to enjoy their products at home. Additionally, Nathan's Famous hosts competitive eating events, most famously the Nathan's Hot Dog Eating Contest, which has become a staple of American culture. The company’s strong branding and history make it a notable player in the fast-food industry.
Refinances Senior Secured Notes With A New Unsecured $60 Million Term Loan Facility and $10 Million Revolving Credit Facility and Declares Quarterly Cash Dividend Of $0.50 Per Share
Investors eagerly anticipate the dividend payout from Nathan's Famous (NASDAQ:NATH) on March 01, 2024. With a payout of $0.50 per share and an annualized dividend yield of 2.80%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on February 16, 2024
On December 01, 2023, Nathan's Famous (NASDAQ:NATH) will distribute a dividend payout of $0.50 per share, equating to an annualized dividend yield of 3.09%. Shareholders who owned the stock before the ex-dividend date on November 17, 2023 will receive this payout.
Declares Quarterly Cash Dividend of $0.50 Per Share and Redeemed $30 Million of its 6.625% Senior Secured Notes due 2025 in the Fourth Quarter of Fiscal 2023.
Despite challenges including inflation and staffing shortages, Chipotle, Wingstop, and Nathan’s Famous are restaurant-industry price-performance leaders.
JERICHO, N.Y., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Nathan's Famous, Inc. (“Nathan’s”, the “Company”, “we”, “us” or “our”) (NASDAQ:NATH) today reported results for its third fiscal quarter ended December 25, 2022.
Nathan's Famous, Inc., the American tradition serving New York favorites for more than 100 years, recognizes that many restaurant owners were forced to close during the COVID pandemic and those that survived still struggle to meet pre-pandemic sales goals. With that understanding, today it announces the launch of a new franchise sales initiative aimed specifically at these struggling restaurant owners, offering to cost-effectively convert their location into a Nathan’s Famous.
