Nathan's Famous (NATH) Initiates, Declares $0.25 Quarterly Dividend; 1.1% Yield

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Nathan's Announces Quarterly Dividend Policy And Declares Quarterly Cash Dividend Of $.25 Per Share

June 8, 2018 8:05 AM EDT

JERICHO, N.Y., June 8, 2018 /PRNewswire/ -- Nathan's Famous, Inc. (NASDAQ: NATH) (the "Company" or "Nathan's") announced today that it intends to pay a regular quarterly cash dividend to holders of its common stock.  In connection with this dividend program, the Company's Board of Directors (the "Board") declared a $.25 per share cash dividend payable on June 22, 2018, to shareholders of record at the close of business on June 18, 2018. 

The Company noted that the dividend program was facilitated by the Company's operating performance and cash flows as... More