Yum China to Issue Quarterly Dividend of $0.07 (NYSE:YUMC)

Yum China (NYSE:YUMCGet Free Report) announced a quarterly dividend on Thursday, July 30th. Shareholders of record on Thursday, August 27th will be paid a dividend of 0.075 per share on Thursday, September 17th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th.

Yum China has increased its dividend by an average of 0.3%per year over the last three years and has increased its dividend annually for the last 5 consecutive years. Yum China has a payout ratio of 40.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Yum China to earn $3.38 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 34.3%.

Yum China Stock Up 1.3%

YUMC opened at $46.45 on Friday. Yum China has a twelve month low of $40.15 and a twelve month high of $58.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.83 and a current ratio of 1.01. The business has a 50 day moving average price of $43.07 and a 200 day moving average price of $47.96. The firm has a market cap of $16.22 billion, a P/E ratio of 17.80, a price-to-earnings-growth ratio of 1.28 and a beta of 0.10.

Yum China (NYSE:YUMCGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.03. The business had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.05 billion. Yum China had a net margin of 7.83% and a return on equity of 15.11%. Yum China’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.58 EPS. Research analysts forecast that Yum China will post 2.94 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on YUMC shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $59.00 price objective on shares of Yum China in a research note on Thursday. Wall Street Zen downgraded Yum China from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, Weiss Ratings cut Yum China from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.21.

Check Out Our Latest Analysis on Yum China

About Yum China

(Get Free Report)

Yum China Holdings, Inc operates as the largest quick-service restaurant company in China, through its ownership and franchising of brands such as KFC, Pizza Hut and Taco Bell. The company’s core business encompasses full-service and fast‐casual dining, takeout and delivery channels, as well as ancillary services including loyalty programs and digital ordering platforms. Yum China’s restaurants offer a diverse menu that adapts global brand concepts to local consumer preferences, featuring items such as soy‐marinated chicken, customized pizzas and region‐inspired side dishes.

In addition to its signature brands, Yum China has expanded its portfolio to include innovative concepts tailored to evolving market trends, such as plant‐based offerings, self‐service kiosks and mobile app integrations.

Further Reading

Dividend History for Yum China (NYSE:YUMC)

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