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Reminder - Franchise Group (FRG) Goes Ex-Dividend Soon
Monday, April 6, 10:14 AM ET, by Market News Video Staff

On 4/8/20, Franchise Group Inc (FRG) will trade ex-dividend, for its quarterly dividend of $0.25, ...

FRG Crosses Above Key Moving Average Level
Friday, May 8, 4:48 PM ET, by Market News Video Staff

In trading on Friday, shares of Franchise Group Inc (FRG) crossed above their 200 day ...

Ex-Div Reminder for Franchise Group (FRG)
Wednesday, June 17, 9:58 AM ET, by Market News Video Staff

On 6/19/20, Franchise Group Inc (FRG) will trade ex-dividend, for its quarterly dividend of $0.25, ...

Investors Bag FRG Even Cheaper Than Its Secondary Stock Offering
Monday, June 29, 9:58 AM ET, by Market News Video Staff

Looking back to 3 days ago, Franchise Group Inc (FRG) priced a 4,200,000 share secondary ...

Franchise Group (FRG) Passes Through 5% Yield Mark
Monday, July 13, 3:28 PM ET, by Market News Video Staff

In trading on Monday, shares of Franchise Group Inc (FRG) were yielding above the 5% ...

Investors Grab FRG Even Cheaper Than Its Secondary Stock Offering

By Market News Video Staff, Monday, September 28, 10:03 AM ET
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Looking back to 94 days ago, Franchise Group Inc (NASDAQ:FRG) priced a 4,200,000 share secondary stock offering at $23.25 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time. In trading on Monday, bargain hunters could buy shares of FRG and achieve a cost basis 2.8% cheaper than those buyers, with shares changing hands as low as $22.60 per share. It should be noted that investors at the secondary have collected $0.25/share in dividends since the time of their purchase, so they are currently down 1.7% on their purchase from a total return basis.

Secondaries can often present buying opportunities for bullish investors interested in purchasing shares, because the sudden extra supply of stock tends to require that the offering be priced at an attractive discount to where the stock had previously been trading before the offering announcement. At last check, Franchise Group Inc shares are currently trading up about 2% on the day. The chart below shows the one year performance of FRG shares, versus its 200 day moving average:

Franchise Group Inc Chart

Looking at the chart above, FRG's low point in its 52 week range is $5.75 per share, with $28.61 as the 52 week high point — that compares with a last trade of $22.92.

The current annualized dividend paid by Franchise Group Inc is $1/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 09/14/2020. Below is a long-term dividend history chart for FRG, which can be of good help in judging whether the most recent dividend with approx. 4.5% annualized yield is likely to continue.


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Investors Grab FRG Even Cheaper Than Its Secondary Stock Offering | Market News Video | Copyright © 2008 - 2020, All Rights Reserved

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