Papa John’s International, Inc. (PZZA) To Go Ex-Dividend on May 18th

Papa John’s International, Inc. (NASDAQ:PZZA) declared a quarterly dividend on Tuesday, May 5th. Investors of record on Monday, May 18th will be paid a dividend of 0.46 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Monday, May 18th.

Papa John’s International has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 4 consecutive years. Papa John’s International has a payout ratio of 81.8% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities research analysts expect Papa John’s International to earn $1.77 per share next year, which means the company may not be able to cover its $1.84 annual dividend with an expected future payout ratio of 104.0%.

Papa John’s International Trading Up 6.1%

Shares of PZZA opened at $34.73 on Friday. The firm has a market capitalization of $1.14 billion, a P/E ratio of 41.84, a price-to-earnings-growth ratio of 1.82 and a beta of 1.18. The stock’s fifty day simple moving average is $34.74 and its 200 day simple moving average is $37.37. Papa John’s International has a twelve month low of $29.55 and a twelve month high of $55.74.

Papa John’s International (NASDAQ:PZZA) last issued its earnings results on Thursday, May 7th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.08). The firm had revenue of $478.61 million during the quarter, compared to analysts’ expectations of $485.51 million. Papa John’s International had a negative return on equity of 10.71% and a net margin of 1.37%.The company’s quarterly revenue was down 7.7% compared to the same quarter last year. During the same period last year, the business posted $0.36 earnings per share. Sell-side analysts predict that Papa John’s International will post 1.51 earnings per share for the current year.

About Papa John’s International

Papa John’s International, Inc is a leading American pizza restaurant chain known for its focus on high-quality ingredients and consistent product offerings. Founded in 1984 by John Schnatter in Jeffersonville, Indiana, the company has grown to operate thousands of restaurants across the United States and in more than 40 international markets. Papa John’s restaurants are primarily franchised, supported by a network of corporate-owned outlets that together drive brand standards, operational guidance and marketing efforts.

The core menu at Papa John’s centers on a variety of hand-tossed and pan pizzas made with a signature stone-baked crust and topped with real cheese, vine-ripened tomato sauce and premium meats and vegetables.