Yum China (NYSE:YUMC) to Issue Quarterly Dividend of $0.29

Yum China (NYSE:YUMC) announced a quarterly dividend on Tuesday, November 3rd. Stockholders of record on Tuesday, December 1st will be paid a dividend of $0.29 per share on Tuesday, December 22nd. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, December 1st.

Yum China has raised its dividend by an average of 0.3% per year over the last three years and has raised its dividend every year for the last 5 years. Yum China has a dividend payout ratio of 40.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Yum China to earn $3.44 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 33.7%.

Yum China Stock Up 1.5%

NYSE:YUMC traded up $0.72 during trading hours on Tuesday, reaching $47.80. The company had a trading volume of 2,838,139 shares, compared to its average volume of 1,606,793. Yum China has a twelve month low of $39.72 and a twelve month high of $58.39. The company has a quick ratio of 0.78, a current ratio of 0.96 and a debt-to-equity ratio of 0.01. The firm has a market cap of $16.37 billion, a price-to-earnings ratio of 17.51, a P/E/G ratio of 1.17 and a beta of 0.07. The business’s 50-day simple moving average is $43.34 and its two-hundred day simple moving average is $46.82.

Yum China (NYSE:YUMC) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. The firm had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.50 billion. Yum China had a net margin of 7.84% and a return on equity of 15.82%. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.76 earnings per share. On average, equities analysts expect that Yum China will post 2.95 earnings per share for the current year.

Yum China Company Profile

Yum China Holdings, Inc is a restaurant company focused on operating and developing quick-service and casual-dining brands in China. Headquartered in Shanghai, the company serves customers across mainland China through a large network of company-owned and franchised restaurants, supported by digital ordering, delivery and loyalty platforms.

Its principal brands include KFC, Pizza Hut and Taco Bell, for which Yum China holds the exclusive rights to operate and franchise restaurants in China.