Nathan's Famous, Inc. (ticker symbol: NATH) has announced a 28.6% dividend increase to $0.45 per share quarterly on February 4, 2022. The increased NATH dividend is payable on March 4, 2022 to shareholders of record at the close of business on February 21, 2022. A new annual dividend rate of $1.80 per share yields 2.1% at a stock price of $67.63 for Nathan's Famous. The next ex-dividend date for NATH will be February 17, 2022.

The hotdog chain last raised its quarterly dividend by 40.0 percent to $0.35 per share in 2019. In 2018 Nathan's Famous initiated a $0.25 per share quarterly dividend. Based on calculations by dividendhike.com NATH will now pay shareholders a total dividend of approximately $7 million annually.

Nathan's Famous, Inc. is a branded licensor, wholesaler and retailer of products marketed under our Nathan’s Famous brand, including our popular Nathan’s World Famous Beef Hot Dogs. The company's products are marketed for sale in supermarkets, mass merchandisers and club stores, selected foodservice locations and company-owned and franchised restaurants throughout the United States and international.  Nathan's Famous began as a nickel hot dog stand on Coney Island in 1916. The company went public in 1993 and initiated a quarterly dividend in 2018.