Franchise Brands plc (LON:FRAN) Announces Dividend Increase - GBX 1.30 Per Share

Franchise Brands plc (LON:FRAN - Get Free Report) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, May 8th will be given a dividend of GBX 1.30 ($0.02) per share on Friday, May 23rd. This represents a 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 seen at this link.

Franchise Brands Stock Down 0.3 %

Shares of FRAN stock traded down GBX 0.50 ($0.01) during trading hours on Monday, reaching GBX 142.50 ($1.84). The company had a trading volume of 401,226 shares, compared to its average volume of 144,607. The company has a market cap of £275.43 million, a price-to-earnings ratio of 35.78 and a beta of 0.82. The company has a debt-to-equity ratio of 42.67, a current ratio of 1.39 and a quick ratio of 1.57. Franchise Brands has a 12 month low of GBX 131 ($1.69) and a 12 month high of GBX 210 ($2.72). The business has a fifty day simple moving average of GBX 143.21 and a 200-day simple moving average of GBX 152.78.

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

Insiders Place Their Bets

In other Franchise Brands news, insider Peter Kear bought 35,000 shares of the stock in a transaction dated Thursday, January 30th. The shares were bought at an average cost of GBX 136 ($1.76) per share, for a total transaction of £47,600 ($61,546.42). Also, insider Louise George purchased 50,000 shares of the business's stock in a transaction that occurred on Friday, March 28th. The stock was bought at an average cost of GBX 145 ($1.87) per share, for a total transaction of £72,500 ($93,741.92). In the last ninety days, insiders bought 185,000 shares of company stock valued at $26,810,000. Corporate insiders own 39.04% of the company's stock.

Franchise Brands Company Profile

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.