Yum! Brands, Inc. (YUM) to Issue Quarterly Dividend of $0.75 on September 18th

Yum! Brands, Inc. (NYSE:YUM) announced a quarterly dividend on Thursday, August 27th. Investors of record on Wednesday, September 9th will be paid a dividend of 0.75 per share by the restaurant operator on Friday, September 18th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, September 9th.

Yum! Brands has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 8 consecutive years. Yum! Brands has a payout ratio of 44.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Yum! Brands to earn $7.00 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 42.9%.

Yum! Brands Stock Performance

NYSE:YUM opened at $150.58 on Monday. The stock has a fifty day moving average price of $153.43 and a two-hundred day moving average price of $155.49. The stock has a market capitalization of $41.09 billion, a price-to-earnings ratio of 18.94, a PEG ratio of 2.40 and a beta of 0.55. Yum! Brands has a 1 year low of $137.33 and a 1 year high of $170.14.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data on Thursday, July 30th. The restaurant operator reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.04. Yum! Brands had a net margin of 25.42% and a negative return on equity of 24.57%. The business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same quarter in the previous year, the business posted $1.44 earnings per share. The company’s revenue was up 12.2% on a year-over-year basis. On average, analysts predict that Yum! Brands will post 6.49 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.