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

Yum China Holdings, Inc. (NYSE:YUMC) declared a quarterly dividend on Monday, August 5th, NASDAQ reports. Investors of record on Tuesday, August 27th will be paid a dividend of 0.16 per share on Tuesday, September 17th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend is Tuesday, August 27th.

Yum China has increased its dividend payment by an average of 29.4% annually over the last three years. Yum China has a dividend payout ratio of 26.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Yum China to earn $2.50 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 25.6%.

Yum China Price Performance

Shares of NYSE:YUMC opened at $33.37 on Friday. The firm’s 50 day simple moving average is $31.72 and its two-hundred day simple moving average is $36.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 1.09. The company has a market capitalization of $12.83 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.40 and a beta of 0.33. Yum China has a 1-year low of $28.50 and a 1-year high of $58.21.

Yum China (NYSE:YUMC) last released its earnings results on Monday, August 5th. The company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.08. Yum China had a net margin of 7.61% and a return on equity of 12.41%. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter in the previous year, the company earned $0.47 EPS. Yum China’s revenue for the quarter was up .9% on a year-over-year basis. Research analysts expect that Yum China will post 2.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Macquarie upgraded Yum China from an “underperform” rating to an “outperform” rating and increased their target price for the stock from $30.00 to $37.40 in a research report on Tuesday, August 6th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Yum China presently has an average rating of “Moderate Buy” and an average target price of $51.20.

Insider Buying and Selling at Yum China

In other news, insider Jeff Kuai bought 3,900 shares of Yum China stock in a transaction dated Tuesday, August 13th. The shares were purchased at an average cost of $32.72 per share, with a total value of $127,608.00. Following the completion of the acquisition, the insider now 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 can be accessed through this hyperlink. In other Yum China news, CEO Joey Wat acquired 3,800 shares of the stock in a transaction on Wednesday, August 14th. The stock was acquired at an average price of $33.98 per share, for a total transaction of $129,124.00. Following the completion of the transaction, the chief executive officer now directly owns 272,944 shares of the company’s stock, valued at $9,274,637.12. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeff Kuai bought 3,900 shares of Yum China stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average price of $32.72 per share, for a total transaction of $127,608.00. Following the completion of the acquisition, the insider now owns 3,900 shares in the company, valued at $127,608. The disclosure for this purchase can be found here. Insiders purchased 18,400 shares of company stock valued at $619,671 in the last 90 days. Insiders own 0.30% of the company’s stock.

About Yum China

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.