Domino’s Pizza Inc (NASDAQ:DPZ) to Issue $1.99 Quarterly Dividend

Domino’s Pizza Inc (NASDAQ:DPZ) announced a quarterly dividend on Tuesday, July 14th. Stockholders of record on Tuesday, September 15th will be given a dividend of 1.99 per share by the restaurant operator on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, September 15th.

Domino’s Pizza has raised its dividend by an average of 0.2%per year over the last three years and has raised its dividend every year for the last 12 years.

Domino’s Pizza Trading Down 1.8%

Domino’s Pizza stock traded down $5.70 during mid-day trading on Friday, hitting $311.60. The stock had a trading volume of 597,142 shares, compared to its average volume of 780,775. The stock has a 50-day simple moving average of $336.15 and a two-hundred day simple moving average of $342.28. The stock has a market capitalization of $10.31 billion, a PE ratio of 17.67, a P/E/G ratio of 1.44 and a beta of 0.94. Domino’s Pizza has a 12 month low of $282.00 and a 12 month high of $458.27.

Domino’s Pizza (NASDAQ:DPZ) last announced its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 earnings per share for the quarter, missing the consensus estimate of $4.17 by ($0.10). The firm had revenue of $1.19 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The company’s revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the company earned $3.81 earnings per share. Sell-side analysts expect that Domino’s Pizza will post 18.88 earnings per share for the current fiscal year.

About Domino’s Pizza

Domino’s Pizza, Inc is a global restaurant company that operates and franchises stores under the Domino’s brand. Its core business centers on the preparation and delivery of made-to-order pizzas, with carryout and digital ordering also playing important roles in its customer service model.

The company’s menu includes a variety of pizzas, crusts and toppings, along with side dishes, chicken, sandwiches, desserts and beverages. Domino’s also operates a supply chain business that produces and distributes food, equipment and other products to company-owned and franchised stores, supporting consistency across its restaurant network.

Founded in 1960 in Ypsilanti, Michigan, Domino’s was initially known as Dominick’s before adopting its current name in 1965.