Yum China (NYSE:YUMC) to Issue $0.24 Quarterly Dividend

Yum China (NYSE:YUMC) declared a quarterly dividend on Tuesday, November 4th. Shareholders of record on Tuesday, December 2nd will be paid a dividend of 0.24 per share on Tuesday, December 23rd. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date is Tuesday, December 2nd.

Yum China has increased 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 5 consecutive years. Yum China has a dividend payout ratio of 33.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Yum China to earn $2.90 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 33.1%.

Yum China Stock Performance

YUMC stock traded up $0.88 during midday trading on Tuesday, hitting $44.86. 1,622,848 shares of the company traded hands, compared to its average volume of 2,336,519. Yum China has a twelve month low of $41.00 and a twelve month high of $53.99. The company has a quick ratio of 1.22, a current ratio of 1.39 and a debt-to-equity ratio of 0.01. The business has a 50 day simple moving average of $43.87 and a 200-day simple moving average of $44.64. The stock has a market capitalization of $16.32 billion, a price-to-earnings ratio of 18.54, a price-to-earnings-growth ratio of 1.63 and a beta of 0.18.

Yum China (NYSE:YUMC) last posted its earnings results on Tuesday, November 4th. The company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. The business had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.20 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. Yum China’s revenue was up 4.4% compared to the same quarter last year. During the same period last year, the business posted $0.77 EPS. As a group, equities research analysts predict that Yum China will post 2.54 earnings per share for the current year.

Yum China Company Profile

Yum China Holdings, Inc owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services.