Yum! Brands, Inc. (YUM) to Issue Quarterly Dividend of $0.75 on June 12th

by · The Cerbat Gem

Yum! Brands, Inc. (NYSE:YUM – Get Free Report) announced a quarterly dividend on Wednesday, May 13th. Investors of record on Wednesday, May 27th will be paid a dividend of 0.75 per share by the restaurant operator on Friday, June 12th. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date is Wednesday, May 27th.

Yum! Brands has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 8 years. Yum! Brands has a payout ratio of 44.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Yum! Brands to earn $7.45 per share next year, which means the company should continue to be able to cover its $3.00 annual dividend with an expected future payout ratio of 40.3%.

Yum! Brands Stock Performance

Shares of YUM opened at $155.24 on Monday. The business has a 50-day moving average of $157.16 and a 200 day moving average of $155.57. Yum! Brands has a fifty-two week low of $137.33 and a fifty-two week high of $169.39. The firm has a market cap of $42.79 billion, a P/E ratio of 25.04, a price-to-earnings-growth ratio of 1.97 and a beta of 0.61.

Yum! Brands (NYSE:YUM – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.11. Yum! Brands had a negative return on equity of 23.51% and a net margin of 20.48%.The company had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.04 billion. During the same quarter last year, the firm posted $1.30 EPS. The firm’s revenue for the quarter was up 15.2% on a year-over-year basis. As a group, research analysts predict that Yum! Brands will post 6.77 earnings per share for the current fiscal year.

About Yum! Brands

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Yum! Brands, Inc (NYSE: YUM) is a global quick-service restaurant company that develops, operates and franchises a portfolio of well-known restaurant brands. The company’s principal brands are KFC, Pizza Hut and Taco Bell, each focused on distinct product categories—KFC on fried chicken and related menu items, Pizza Hut on pizza and complementary offerings, and Taco Bell on Mexican-inspired quick-service food. Yum! is headquartered in Louisville, Kentucky and was formed as Tricon Global Restaurants in 1997 when PepsiCo spun off its restaurant businesses, later adopting the Yum! Brands name.

The company’s operating model centers on brand development, system growth and franchising; a large portion of its restaurants are operated by independent franchisees, and Yum! generates revenue through franchise royalties and fees in addition to sales from company-operated locations.

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