Kingfisher (LON:KGF) Announces Earnings Results

Kingfisher (LON:KGF) announced its earnings results on Tuesday. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%.

Kingfisher Stock Up 0.8 %

Shares of LON:KGF traded up GBX 2 ($0.03) during trading on Thursday, reaching GBX 246.50 ($3.17). The stock had a trading volume of 6,251,887 shares, compared to its average volume of 33,444,137. The firm’s 50-day simple moving average is GBX 251.17 and its 200 day simple moving average is GBX 270.47. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 7.12. Kingfisher has a one year low of GBX 227.20 ($2.93) and a one year high of GBX 333.50 ($4.29). The company has a market capitalization of £4.36 billion, a P/E ratio of 13.13, a PEG ratio of 2.87 and a beta of 0.96.

Kingfisher Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a GBX 19.72 ($0.25) dividend. The ex-dividend date is Thursday, March 27th. This is an increase from Kingfisher’s previous dividend of $3.80. This represents a yield of 3.44%. Kingfisher’s payout ratio is currently 63.94%.

Kingfisher Company Profile

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.