Kingfisher (LON:KGF) Issues Quarterly Earnings Results

Kingfisher (LON:KGF) released its quarterly earnings results on Tuesday. The home improvement retailer reported GBX 20.70 ($0.27) EPS for the quarter, Digital Look Earnings reports. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%.

Kingfisher Stock Performance

Kingfisher stock traded up GBX 2 ($0.03) during mid-day trading on Thursday, reaching GBX 246.50 ($3.17). 6,251,887 shares of the company traded hands, compared to its average volume of 33,444,137. Kingfisher has a fifty-two week low of GBX 227.20 ($2.93) and a fifty-two week high of GBX 333.50 ($4.29). The firm’s fifty day moving average is GBX 251.17 and its two-hundred day moving average is GBX 270.47. The company has a debt-to-equity ratio of 7.12, a current ratio of 1.26 and a quick ratio of 0.27. The company has a market capitalization of £4.36 billion, a price-to-earnings ratio of 13.13, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96.

Kingfisher Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a GBX 19.72 ($0.25) dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is a boost from Kingfisher’s previous dividend of $3.80. This represents a yield of 3.44%. Kingfisher’s dividend payout ratio (DPR) is 63.94%.

Kingfisher Company Profile

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçta?. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.