Domino’s Pizza Inc (NASDAQ:DPZ) Announces $1.99 Quarterly Dividend

Domino’s Pizza Inc (NASDAQ:DPZ) declared a quarterly dividend on Tuesday, April 21st. Investors of record on Monday, June 15th will be paid a dividend of 1.99 per share by the restaurant operator on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date is Monday, June 15th.

Domino’s Pizza has increased its dividend by an average of 0.2%per year over the last three years and has raised its dividend every year for the last 12 years.

Domino’s Pizza Stock Performance

Shares of Domino’s Pizza stock traded up $11.62 during trading on Friday, reaching $323.88. The company’s stock had a trading volume of 840,483 shares, compared to its average volume of 680,566. Domino’s Pizza has a one year low of $297.48 and a one year high of $496.00. The firm has a market cap of $10.77 billion, a price-to-earnings ratio of 18.65, a price-to-earnings-growth ratio of 1.45 and a beta of 0.97. The business’s fifty day moving average price is $335.13 and its 200-day moving average price is $379.59.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results on Monday, April 27th. The restaurant operator reported $4.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.16). The business had revenue of $1.15 billion during the quarter. Domino’s Pizza had a net margin of 11.89% and a negative return on equity of 15.04%. The firm’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.33 earnings per share. Sell-side analysts anticipate that Domino’s Pizza will post 19.07 EPS for the current year.

Insiders Place Their Bets

In other Domino’s Pizza news, EVP Kelly E. Garcia sold 487 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $311.74, for a total value of $151,817.38. Following the sale, the executive vice president owned 9,352 shares of the company’s stock, valued at $2,915,392.48. The trade was a 4.95% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold a total of 1,463 shares of company stock worth $466,807 in the last 90 days. 0.89% of the stock is owned by insiders.

Institutional Trading of Domino’s Pizza

Several institutional investors have recently made changes to their positions in the business. SHP Wealth Management acquired a new position in Domino’s Pizza during the fourth quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Domino’s Pizza by 97.1% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 34 shares in the last quarter. MBM Wealth Consultants LLC bought a new stake in shares of Domino’s Pizza in the 1st quarter worth about $31,000. Cornerstone Planning Group LLC increased its position in shares of Domino’s Pizza by 450.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock worth $33,000 after purchasing an additional 81 shares in the last quarter. Finally, Johnson Financial Group Inc. increased its position in shares of Domino’s Pizza by 200.0% during the 3rd quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 56 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.