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

Yum China Holdings, Inc. (NYSE:YUMC) declared a quarterly dividend on Monday, November 4th, Zacks reports. Shareholders of record on Tuesday, November 26th will be given a dividend of 0.16 per share on Tuesday, December 17th. This represents a $0.64 annualized dividend and a yield of 1.30%. The ex-dividend date 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 dividend payout ratio of 25.9% meaning its dividend is sufficiently covered by earnings. Research 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 Price Performance

Yum China stock opened at $49.14 on Tuesday. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 0.01. Yum China has a 12-month low of $28.50 and a 12-month high of $51.68. The firm has a market capitalization of $18.89 billion, a PE ratio of 23.33, a price-to-earnings-growth ratio of 1.67 and a beta of 0.36. The firm has a 50-day moving average price of $40.92 and a 200-day moving average price of $36.48.

Yum China (NYSE:YUMC) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.09. Yum China had a return on equity of 12.41% and a net margin of 7.61%. The firm had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the prior year, the business posted $0.59 earnings per share. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. As a group, equities research analysts forecast that Yum China will post 2.23 EPS for the current year.

Wall Street Analyst Weigh In

YUMC has been the subject of several research analyst reports. Citigroup raised shares of Yum China to a “strong-buy” rating in a research note on Monday, September 30th. Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and lifted their price objective for the company from $30.00 to $37.40 in a report on Tuesday, August 6th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Yum China has an average rating of “Buy” and a consensus target price of $46.18.

Insider Buying and Selling at Yum China

In related news, insider Warton Wang purchased 3,700 shares of Yum China stock in a transaction that occurred on Friday, August 16th. The stock was bought at an average cost of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the transaction, the insider now owns 25,023 shares in the company, valued at $867,547.41. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. In other Yum China news, CEO Joey Wat bought 3,800 shares of the company’s stock in a transaction dated Wednesday, August 14th. The stock was acquired at an average price of $33.98 per share, with a total value of $129,124.00. Following the completion of the acquisition, the chief executive officer now directly owns 272,944 shares of the company’s stock, valued at $9,274,637.12. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Warton Wang purchased 3,700 shares of the firm’s stock in a transaction dated Friday, August 16th. The stock was acquired at an average cost of $34.67 per share, for a total transaction of $128,279.00. Following the completion of the purchase, the insider now owns 25,023 shares of the company’s stock, valued at approximately $867,547.41. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 18,400 shares of company stock worth $619,671. 0.30% of the stock is currently owned by insiders.

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.