Papa John's International, Inc. Announces Quarterly Dividend of $0.46 (NASDAQ:PZZA)

Key Points

• Papa John's International declared a quarterly dividend of $0.46 per share, with the dividend payable on August 29th to shareholders recorded by August 18th, reflecting an annualized yield of 4.4%.
• The company has a payout ratio of 81.8%, indicating that current dividends are covered by earnings but may not be sustainable if earnings decrease; analysts anticipate earnings of $2.39 per share next year.
• Papa John's stock recently traded at $41.79, below its fifty-day moving average of $46.84, with a market capitalization of $1.37 billion and a P/E ratio of 17.78.

Papa John's International, Inc. (NASDAQ:PZZA - Get Free Report) declared a quarterly dividend on Friday, August 1st, RTT News reports. Investors of record on Monday, August 18th will be paid a dividend of 0.46 per share on Friday, August 29th. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Monday, August 18th.

Papa John's International has a payout ratio of 81.8% indicating that its dividend is currently covered by earnings, but may not be in the future if the company's earnings tumble. Equities analysts expect Papa John's International to earn $2.39 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 77.0%.

Papa John's International Stock Up 1.3%

Papa John's International stock traded up $0.52 during mid-day trading on Tuesday, hitting $40.60. The company had a trading volume of 509,043 shares, compared to its average volume of 1,334,906. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 17.28, a PEG ratio of 3.61 and a beta of 1.13. Papa John's International has a 1 year low of $30.16 and a 1 year high of $60.75. The business has a fifty day moving average of $46.80 and a 200 day moving average of $42.48.

Papa John's International (NASDAQ:PZZA - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.33 by $0.03. The company had revenue of $518.31 million for the quarter, compared to analyst estimates of $512.48 million. Papa John's International had a net margin of 3.77% and a negative return on equity of 15.72%. The firm's revenue was up .9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.67 earnings per share. Equities analysts anticipate that Papa John's International will post 2.19 earnings per share for the current year.

Papa John's International Company Profile

Papa John's International, Inc engages in the operation and franchise of pizza delivery and carryout restaurants. It operates through the following segments: Domestic Company-owned Restaurants, North America Franchising, North America Commissaries, International Operations, and All Others. The Domestic Company-Owned Restaurants segment consists of retail sales of pizza and side items, breadsticks, cheese sticks, chicken poppers and wings, dessert items, and canned and bottled beverages.