Domino’s Pizza Inc (NYSE:DPZ) declared a quarterly dividend on Thursday, July 27th, Zacks reports. Shareholders of record on Friday, September 15th will be given a dividend of 0.46 per share by the restaurant operator on Friday, September 29th. This represents a $1.84 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date is Thursday, September 14th.

Domino’s Pizza has raised its dividend by an average of 23.9% annually over the last three years and has increased its dividend annually for the last 3 consecutive years. Domino’s Pizza has a dividend payout ratio of 33.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Domino’s Pizza to earn $6.57 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 28.0%.

Domino’s Pizza (DPZ) traded up 0.030% during trading on Friday, reaching $182.485. 452,577 shares of the company’s stock were exchanged. The firm has a market cap of $8.78 billion, a P/E ratio of 39.018 and a beta of 0.38. Domino’s Pizza has a 52-week low of $143.47 and a 52-week high of $221.58. The stock’s 50 day moving average price is $209.90 and its 200 day moving average price is $191.55.

Domino’s Pizza (NYSE:DPZ) last released its earnings results on Tuesday, July 25th. The restaurant operator reported $1.32 EPS for the quarter, beating the consensus estimate of $1.23 by $0.09. Domino’s Pizza had a net margin of 9.40% and a negative return on equity of 13.28%. The firm had revenue of $628.61 million for the quarter, compared to analyst estimates of $609.87 million. During the same period last year, the firm earned $0.98 EPS. The business’s quarterly revenue was up 14.8% compared to the same quarter last year. Equities research analysts anticipate that Domino’s Pizza will post $5.60 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This report was reported by American Banking News and is owned by of American Banking News. If you are viewing this report on another site, it was copied illegally and republished in violation of United States and international copyright legislation. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/07/28/dominos-pizza-inc-dpz-plans-quarterly-dividend-of-0-46.html.

Several equities analysts have commented on DPZ shares. Guggenheim started coverage on shares of Domino’s Pizza in a report on Friday, April 21st. They issued a “buy” rating and a $192.00 target price on the stock. Longbow Research downgraded shares of Domino’s Pizza from a “buy” rating to a “neutral” rating in a research note on Friday, June 9th. OTR Global restated a “positive” rating on shares of Domino’s Pizza in a research note on Saturday, April 22nd. Jefferies Group LLC restated a “hold” rating and issued a $180.00 price target on shares of Domino’s Pizza in a research note on Wednesday, April 12th. Finally, Stephens restated an “equal weight” rating and issued a $185.00 price target on shares of Domino’s Pizza in a research note on Friday, April 28th. Twelve analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Domino’s Pizza currently has an average rating of “Hold” and an average target price of $194.40.

About Domino’s Pizza

Domino’s Pizza, Inc is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types.

Dividend History for Domino`s Pizza (NYSE:DPZ)

Receive News & Ratings for Domino's Pizza Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domino's Pizza Inc and related companies with MarketBeat.com's FREE daily email newsletter.