Yum! Brands, Inc. (NYSE:YUM – Get Free Report) declared a quarterly dividend on Wednesday, May 13th. Shareholders of record on Wednesday, May 27th will be paid a dividend of 0.75 per share by the restaurant operator on Friday, June 12th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, May 27th.
Yum! Brands has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 8 consecutive years. Yum! Brands has a payout ratio of 44.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Yum! Brands to earn $7.43 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 40.4%.
Yum! Brands Stock Performance
NYSE:YUM opened at $150.73 on Friday. The stock has a fifty day moving average price of $157.88 and a 200-day moving average price of $155.03. The company has a market cap of $41.55 billion, a price-to-earnings ratio of 24.31, a PEG ratio of 1.91 and a beta of 0.61. Yum! Brands has a fifty-two week low of $137.33 and a fifty-two week high of $169.39.
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.
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