Fantex, the San Francisco company that owns 10 percent of Vernon Davis’ “brand,” has co-invested with the 49ers’ tight end in three Jamba Juice franchises, according to the company.
Fantex also announced Tuesday its board of directors have declared a $.50 dividend per share for its Fantex Series Vernon Davis Convertible Tracking Stock. It will be the third dividend of Fantex Vernon Davis, with the payment coming on April 28, the one-year anniversary of the stock’s debut. The third dividends equals a 15-percent return on the IPO price in one year, according to Fantex.
“The contract between Fantex, Inc.