Yum! Brands, Inc. (YUM) to Issue Quarterly Dividend of $0.75 on March 6th

Yum! Brands, Inc. (NYSE:YUM) declared a quarterly dividend on Wednesday, February 4th. Stockholders of record on Friday, February 20th will be paid a dividend of 0.75 per share by the restaurant operator on Friday, March 6th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, February 20th. This is a 5.6% increase from Yum! Brands’s previous quarterly dividend of $0.71.

Yum! Brands has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 8 consecutive years. Yum! Brands has a payout ratio of 44.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Yum! Brands to earn $6.64 per share next year, which means the company should continue to be able to cover its $3.00 annual dividend with an expected future payout ratio of 45.2%.

Yum! Brands Stock Up 0.4%

Shares of NYSE:YUM opened at $161.20 on Wednesday. The firm has a market cap of $44.76 billion, a price-to-earnings ratio of 29.04, a PEG ratio of 2.26 and a beta of 0.66. Yum! Brands has a 12 month low of $137.33 and a 12 month high of $165.32. The company’s fifty day simple moving average is $155.15 and its 200 day simple moving average is $149.86.

Yum! Brands (NYSE:YUM) last released its earnings results on Wednesday, February 4th. The restaurant operator reported $1.73 EPS for the quarter, missing the consensus estimate of $1.76 by ($0.03). Yum! Brands had a net margin of 18.98% and a negative return on equity of 22.42%. The firm had revenue of $2.51 billion during the quarter, compared to the consensus estimate of $2.45 billion. During the same quarter in the previous year, the firm posted $1.61 EPS. The company’s revenue was up 6.4% on a year-over-year basis. Research analysts expect that Yum! Brands will post 5.94 earnings per share for the current fiscal year.

Yum! Brands Company Profile

Yum! Brands, Inc (NYSE: YUM) is a global quick-service restaurant company that develops, operates and franchises a portfolio of well-known restaurant brands. The company’s principal brands are KFC, Pizza Hut and Taco Bell, each focused on distinct product categories—KFC on fried chicken and related menu items, Pizza Hut on pizza and complementary offerings, and Taco Bell on Mexican-inspired quick-service food. Yum! is headquartered in Louisville, Kentucky and was formed as Tricon Global Restaurants in 1997 when PepsiCo spun off its restaurant businesses, later adopting the Yum! Brands name.

The company’s operating model centers on brand development, system growth and franchising; a large portion of its restaurants are operated by independent franchisees, and Yum! generates revenue through franchise royalties and fees in addition to sales from company-operated locations.