Yum China Holdings, Inc. (YUMC) to Issue Quarterly Dividend of $0.16 on December 17th

Yum China Holdings, Inc. (NYSE:YUMC) declared a quarterly dividend on Monday, November 4th, Zacks reports. Stockholders of record on Tuesday, November 26th will be paid a dividend of 0.16 per share on Tuesday, December 17th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend is Tuesday, November 26th.

Yum China has increased its dividend by an average of 29.4% per year over the last three years. Yum China has a payout ratio of 25.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Yum China to earn $2.51 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 25.5%.

Yum China Trading Up 0.1 %

Shares of Yum China stock opened at $48.36 on Wednesday. The company has a market capitalization of $18.59 billion, a P/E ratio of 21.40, a price-to-earnings-growth ratio of 1.79 and a beta of 0.36. Yum China has a 12-month low of $28.50 and a 12-month high of $51.68. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 0.01. The stock has a fifty day simple moving average of $41.22 and a 200 day simple moving average of $36.56.

Yum China (NYSE:YUMC) last posted its earnings results on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.09. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.03 billion. During the same period in the prior year, the company posted $0.59 EPS. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Yum China will post 2.23 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Jeff Kuai bought 3,900 shares of the stock in a transaction dated Tuesday, August 13th. The stock was purchased at an average cost of $32.72 per share, with a total value of $127,608.00. Following the completion of the purchase, the insider now owns 3,900 shares of the company’s stock, valued at $127,608. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, insider Jeff Kuai bought 3,900 shares of Yum China stock in a transaction that occurred on Tuesday, August 13th. The stock was bought at an average price of $32.72 per share, for a total transaction of $127,608.00. Following the purchase, the insider now directly owns 3,900 shares of the company’s stock, valued at approximately $127,608. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Warton Wang purchased 3,700 shares of Yum China stock in a transaction on Friday, August 16th. The shares were acquired at an average cost of $34.67 per share, with a total value of $128,279.00. Following the completion of the transaction, the insider now directly owns 25,023 shares in the company, valued at $867,547.41. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 18,400 shares of company stock worth $619,671 over the last three months. 0.30% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on YUMC shares. Citigroup upgraded shares of Yum China to a “strong-buy” rating in a report on Monday, September 30th. Macquarie raised shares of Yum China from an “underperform” rating to an “outperform” rating and upped their target price for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Finally, JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and raised their price target for the company from $35.50 to $60.00 in a report on Tuesday. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $51.68.

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.