Yum! Brands, Inc. (NYSE:YUM) declared a quarterly dividend on Friday, August 10th, RTT News reports. Investors of record on Monday, August 20th will be given a dividend of 0.36 per share by the restaurant operator on Friday, September 7th. This represents a $1.44 annualized dividend and a dividend yield of 1.74%.

Yum! Brands has decreased its dividend by an average of 7.6% per year over the last three years. Yum! Brands has a payout ratio of 41.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Yum! Brands to earn $3.81 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 37.8%.

NYSE YUM opened at $82.94 on Friday. The company has a debt-to-equity ratio of -1.33, a current ratio of 1.30 and a quick ratio of 1.70. The company has a market cap of $26.00 billion, a P/E ratio of 28.02, a PEG ratio of 1.84 and a beta of 0.84. Yum! Brands has a 52 week low of $72.61 and a 52 week high of $88.07.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data on Thursday, August 2nd. The restaurant operator reported $0.82 EPS for the quarter, topping the consensus estimate of $0.74 by $0.08. The firm had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.36 billion. Yum! Brands had a net margin of 27.95% and a negative return on equity of 17.36%. Yum! Brands’s revenue was down 5.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.68 EPS. research analysts forecast that Yum! Brands will post 3.48 earnings per share for the current fiscal year.

In other Yum! Brands news, CEO Roger G. Eaton sold 61,683 shares of the company’s stock in a transaction that occurred on Thursday, May 17th. The shares were sold at an average price of $83.26, for a total transaction of $5,135,726.58. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.63% of the company’s stock.

YUM has been the subject of several recent analyst reports. Barclays boosted their price objective on shares of Yum! Brands from $81.00 to $84.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 3rd. ValuEngine lowered shares of Yum! Brands from a “buy” rating to a “hold” rating in a research note on Friday, June 1st. Stifel Nicolaus boosted their price objective on shares of Yum! Brands from $92.00 to $94.00 and gave the stock a “buy” rating in a research note on Wednesday, April 18th. BMO Capital Markets restated a “hold” rating and set a $88.00 price target on shares of Yum! Brands in a research note on Friday, August 3rd. Finally, OTR Global upgraded shares of Yum! Brands to a “positive” rating in a research note on Thursday, April 26th. Twelve investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $86.32.

Yum! Brands declared that its board has approved a stock repurchase program on Friday, August 10th that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the restaurant operator to reacquire up to 7.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Yum! Brands Company Profile

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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Dividend History for Yum! Brands (NYSE:YUM)

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