Franchise Brands plc (LON:FRAN) Declares Dividend of GBX 1.30

Franchise Brands plc (LON:FRAN) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, May 8th will be paid a dividend of GBX 1.30 ($0.02) per share on Friday, May 23rd. This represents a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, May 8th. This is a 18.2% increase from Franchise Brands’s previous dividend of $1.10. The official announcement can be viewed at this link.

Franchise Brands Trading Up 0.4 %

Shares of Franchise Brands stock opened at GBX 143 ($1.85) on Friday. The business has a fifty day simple moving average of GBX 143.11 and a 200-day simple moving average of GBX 153.14. Franchise Brands has a fifty-two week low of GBX 131 ($1.70) and a fifty-two week high of GBX 210 ($2.72). The firm has a market cap of £276.40 million, a price-to-earnings ratio of 35.90 and a beta of 0.82. The company has a quick ratio of 1.57, a current ratio of 1.39 and a debt-to-equity ratio of 42.67.

Franchise Brands (LON:FRAN) last issued its quarterly earnings results on Thursday, March 27th. The company reported GBX 8.59 ($0.11) earnings per share for the quarter. Franchise Brands had a net margin of 6.43% and a return on equity of 3.60%. On average, equities analysts forecast that Franchise Brands will post 11.3266098 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Louise George purchased 100,000 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The shares were purchased at an average price of GBX 148 ($1.92) per share, with a total value of £148,000 ($191,610.56). Also, insider Peter Kear acquired 35,000 shares of the business’s stock in a transaction on Thursday, January 30th. The shares were bought at an average price of GBX 136 ($1.76) per share, for a total transaction of £47,600 ($61,626.10). 39.04% of the stock is currently owned by company insiders.

About Franchise Brands

Franchise Brands is an international, multi-brand franchisor focused on building market-leading businesses primarily via a franchise model. The Group has a combined network of over 625 franchisees across seven franchise brands in ten countries covering the UK, North America and Europe.

Franchise Brands’ focus is on B2B van-based reactive and planned services.