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

Yum China Holdings, Inc. (NYSE:YUMC - Get Free Report) announced a quarterly dividend on Tuesday, April 30th, Wall Street Journal reports. Shareholders of record on Tuesday, May 28th will be given a dividend of 0.16 per share on Tuesday, June 18th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend is Friday, May 24th.

Yum China has increased its dividend by an average of 29.4% per year over the last three years and has raised its dividend annually for the last 2 consecutive years. Yum China has a dividend payout ratio of 25.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Yum China to earn $2.55 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 25.1%.

Yum China Price Performance

Shares of YUMC traded down $3.53 during trading hours on Tuesday, reaching $36.51. The stock had a trading volume of 6,114,842 shares, compared to its average volume of 3,484,748. The stock has a market capitalization of $14.31 billion, a PE ratio of 18.63, a PEG ratio of 1.48 and a beta of 0.45. Yum China has a 12 month low of $33.55 and a 12 month high of $64.50. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.24 and a current ratio of 1.42. The company's 50-day moving average is $39.91 and its two-hundred day moving average is $41.50.

Yum China (NYSE:YUMC - Get Free Report) last posted its earnings results on Monday, April 29th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.65 by $0.06. The firm had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.05 billion. Yum China had a return on equity of 11.63% and a net margin of 7.53%. The business's quarterly revenue was up 1.4% on a year-over-year basis. During the same period last year, the company earned $0.69 earnings per share. Research analysts expect that Yum China will post 2.2 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. reissued a "neutral" rating and set a $38.00 target price (down from $65.00) on shares of Yum China in a report on Thursday, January 4th. HSBC cut their price target on shares of Yum China from $66.80 to $51.30 and set a "buy" rating on the stock in a report on Wednesday, March 6th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $54.65.

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.