Yum China (YUMC) to Issue Quarterly Dividend of $0.29 on September 17th

Yum China (NYSE:YUMC) announced a quarterly dividend on Wednesday, July 29th. Stockholders of record on Thursday, August 27th will be paid a dividend of 0.29 per share on Thursday, September 17th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Thursday, August 27th.

Yum China has raised its dividend payment by an average of 0.3%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Yum China has a dividend payout ratio of 40.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Yum China to earn $3.43 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 33.8%.

Yum China Stock Performance

NYSE YUMC opened at $48.85 on Tuesday. Yum China has a twelve month low of $40.15 and a twelve month high of $58.39. The company has a quick ratio of 0.78, a current ratio of 0.96 and a debt-to-equity ratio of 0.01. The stock has a market cap of $16.73 billion, a P/E ratio of 17.89, a PEG ratio of 1.30 and a beta of 0.09. The company’s 50-day simple moving average is $44.59 and its 200 day simple moving average is $47.84.

Yum China (NYSE:YUMC) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.03. The company had revenue of $3.14 billion for the quarter, compared to analyst estimates of $3.05 billion. Yum China had a return on equity of 15.82% and a net margin of 7.84%.The company’s revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.58 EPS. As a group, research analysts forecast that Yum China will post 2.95 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Wall Street Zen raised shares of Yum China from a “hold” rating to a “buy” rating in a report on Monday, August 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Yum China in a report on Friday. Finally, The Goldman Sachs Group restated a “buy” rating and set a $59.00 price target on shares of Yum China in a research report on Thursday, July 30th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.21.

Yum China Company Profile

Yum China Holdings, Inc operates as the largest quick-service restaurant company in China, through its ownership and franchising of brands such as KFC, Pizza Hut and Taco Bell. The company’s core business encompasses full-service and fast‐casual dining, takeout and delivery channels, as well as ancillary services including loyalty programs and digital ordering platforms. Yum China’s restaurants offer a diverse menu that adapts global brand concepts to local consumer preferences, featuring items such as soy‐marinated chicken, customized pizzas and region‐inspired side dishes.

In addition to its signature brands, Yum China has expanded its portfolio to include innovative concepts tailored to evolving market trends, such as plant‐based offerings, self‐service kiosks and mobile app integrations.