Papa John’s International, Inc. (PZZA) To Go Ex-Dividend on February 9th

Papa John’s International, Inc. (NASDAQ:PZZA) announced a quarterly dividend on Friday, January 23rd. Shareholders of record on Monday, February 9th will be given a dividend of 0.46 per share on Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Monday, February 9th.

Papa John’s International has increased its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 4 years. Papa John’s International has a payout ratio of 81.8% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Equities research analysts expect Papa John’s International to earn $2.39 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 77.0%.

Papa John’s International Stock Performance

Shares of NASDAQ:PZZA opened at $34.68 on Friday. Papa John’s International has a 52-week low of $30.16 and a 52-week high of $55.74. The business’s 50 day simple moving average is $38.62 and its two-hundred day simple moving average is $43.46. The firm has a market cap of $1.14 billion, a P/E ratio of 30.96, a PEG ratio of 2.80 and a beta of 1.20.

Papa John’s International (NASDAQ:PZZA) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.08). Papa John’s International had a net margin of 1.79% and a negative return on equity of 13.54%. The firm had revenue of $508.15 million for the quarter, compared to the consensus estimate of $523.67 million. During the same quarter in the prior year, the firm earned $0.43 EPS. The company’s revenue was up .3% compared to the same quarter last year. On average, equities analysts forecast that Papa John’s International will post 2.19 earnings per share for the current fiscal 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.