Yum China Holdings, Inc. Announces Quarterly Dividend of $0.16 (NYSE:YUMC)

Yum China Holdings, Inc. (NYSE:YUMC) announced a quarterly dividend on Monday, April 29th, Wall Street Journal reports. Shareholders of record on Tuesday, May 28th will be given a dividend of 0.16 per share on Tuesday, June 18th. This represents a $0.64 annualized dividend and a yield of 1.72%. The ex-dividend date is Friday, May 24th.

Yum China has raised its dividend by an average of 29.4% per year over the last three years and has raised its dividend every year for the last 4 years. Yum China has a payout ratio of 25.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Yum China to earn $2.55 per share next year, which means the company should continue to be able to cover its $0.64 annual dividend with an expected future payout ratio of 25.1%.

Yum China Stock Down 3.0 %

Yum China stock opened at $37.14 on Thursday. The company has a market cap of $14.47 billion, a PE ratio of 18.66, a PEG ratio of 1.81 and a beta of 0.46. The business’s 50-day simple moving average is $38.62 and its two-hundred day simple moving average is $40.11. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.24 and a current ratio of 1.39. Yum China has a fifty-two week low of $33.55 and a fifty-two week high of $61.99.

Yum China (NYSE:YUMC) last issued its quarterly earnings data on Monday, April 29th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.06. The business had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $3.05 billion. Yum China had a return on equity of 11.90% and a net margin of 7.49%. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.69 EPS. Equities analysts anticipate that Yum China will post 2.18 EPS for the current year.

Wall Street Analyst Weigh In

Separately, HSBC decreased their price objective on Yum China from $66.80 to $51.30 and set a “buy” rating for the company in a report on Wednesday, March 6th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $54.65.

Yum China Company Profile

Yum China Holdings, Inc owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services.