Franchise Brands PLC (LON:FRAN) Declares Dividend Increase – GBX 0.33 Per Share

May 20, 2018

Franchise Brands PLC (LON:FRAN) announced a dividend on Thursday, March 22nd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 26th will be given a dividend of GBX 0.33 ($0.00) per share on Tuesday, May 15th. This represents a dividend yield of 0.47%. The ex-dividend date of this dividend is Thursday, April 26th. This is a boost from Franchise Brands’s previous dividend of $0.17. The official announcement can be seen at this link.

Franchise Brands remained flat at $GBX 84 ($1.14) during mid-day trading on Thursday, according to MarketBeat. 10,029 shares of the company were exchanged, compared to its average volume of 35,951. Franchise Brands has a 12-month low of GBX 48 ($0.65) and a 12-month high of GBX 107 ($1.45).

In related news, insider David Poutney acquired 25,000 shares of Franchise Brands stock in a transaction on Monday, May 14th. The stock was bought at an average cost of GBX 78 ($1.06) per share, for a total transaction of £19,500 ($26,451.44).

About Franchise Brands

Franchise Brands plc engages in franchising and related activities primarily in the United Kingdom. It provides automotive repair services comprise bumper scuffs, paintwork scratches, minor dents, and kerbed alloy wheel repairs under the ChipsAway brand name; and oven cleaning services include cleaning of domestic oven brands and models, such as electric and gas ovens, ranges, microwaves, hobs, extractor fans, and barbecues, as well as various removable components consisting of racks, doors, and glasses under the Ovenclean brand.

Source: Week Herald