Yum! Brands, Inc. Plans Quarterly Dividend of $0.75 (NYSE:YUM)

Yum! Brands, Inc. (NYSE:YUM) declared a quarterly dividend on Wednesday, May 13th. Investors 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) annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Wednesday, May 27th.

Yum! Brands has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 8 years. Yum! Brands has a dividend payout ratio of 44.6% meaning 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 Down 2.0%

Shares of Yum! Brands stock opened at $149.76 on Thursday. Yum! Brands has a twelve month low of $137.33 and a twelve month high of $169.39. The business has a 50-day moving average price of $158.07 and a 200 day moving average price of $154.98. The firm has a market cap of $41.28 billion, a PE ratio of 24.15, a P/E/G ratio of 1.95 and a beta of 0.61.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.11. Yum! Brands had a negative return on equity of 23.51% and a net margin of 20.48%.The firm had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.04 billion. During the same quarter in the previous year, the business earned $1.30 EPS. Yum! Brands’s revenue for the quarter was up 15.2% compared to the same quarter last year. On average, sell-side analysts expect that Yum! Brands will post 6.76 EPS for the current year.

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.