Yum China (NYSE:YUMC) Declares $0.24 Quarterly Dividend

Yum China (NYSE:YUMC) announced a quarterly dividend on Tuesday, November 4th. Stockholders of record on Tuesday, December 2nd will be given a dividend of 0.24 per share on Tuesday, December 23rd. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, December 2nd.

Yum China has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 5 years. Yum China has a dividend payout ratio of 33.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Yum China to earn $2.90 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 33.1%.

Yum China Price Performance

Shares of YUMC traded up $0.88 during trading hours on Tuesday, hitting $44.86. The stock had a trading volume of 1,622,848 shares, compared to its average volume of 2,336,519. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.39 and a quick ratio of 1.22. The stock has a market capitalization of $16.32 billion, a price-to-earnings ratio of 18.54, a P/E/G ratio of 1.63 and a beta of 0.18. Yum China has a 52 week low of $41.00 and a 52 week high of $53.99. The company’s fifty day moving average is $43.87 and its two-hundred day moving average is $44.64.

Yum China (NYSE:YUMC) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. The firm had revenue of $3.21 billion for the quarter, compared to analysts’ expectations of $3.20 billion. Yum China had a net margin of 8.04% and a return on equity of 14.13%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.77 earnings per share. On average, analysts anticipate that Yum China will post 2.54 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Yum China in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $60.00.

About Yum China

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.