Jollibee Foods (OTCMKTS:JBFCY) Trading Up 1.4% – Still a Buy?

Jollibee Foods Co. (OTCMKTS:JBFCY) shares rose 1.4% on Thursday . The company traded as high as $14.20 and last traded at $14.20. Approximately 1,474 shares were traded during trading, a decline of 77% from the average daily volume of 6,277 shares. The stock had previously closed at $14.01.

Jollibee Foods Price Performance

The stock’s 50 day simple moving average is $13.19 and its 200 day simple moving average is $14.98.

Jollibee Foods Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 1st were given a dividend of $0.0786 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a dividend yield of 97.0%. Jollibee Foods’s dividend payout ratio is presently 9.97%.

About Jollibee Foods

Jollibee Foods Corporation is a multinational quick-service restaurant operator based in the Philippines. The company’s flagship brand, Jollibee, specializes in fried chicken, hamburgers, spaghetti, and rice dishes, catering to a wide range of flavor profiles that blend Western and Filipino tastes. Through a franchising and company-owned model, Jollibee Foods serves both dine-in and take-out customers, supported by in-store dining facilities, drive-through lanes, and delivery partnerships.

Beyond its core Jollibee brand, the company’s diversified portfolio includes Chowking (Chinese-style fast food), Greenwich (Italian-inspired pizzas and pasta), Red Ribbon (baked goods and pastries), Mang Inasal (Filipino grilled chicken), Yonghe King and Hong Zhuang Yuan (Chinese cuisines), and Smashburger (American-style burgers).