Jollibee Foods (OTCMKTS:JBFCY) Shares Up 4.9% – Should You Buy?

Jollibee Foods Co. (OTCMKTS:JBFCYGet Free Report)’s stock price traded up 4.9% during mid-day trading on Thursday . The company traded as high as $14.2050 and last traded at $14.2050. 6,249 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 10,165 shares. The stock had previously closed at $13.5426.

Jollibee Foods Stock Performance

The business has a 50 day moving average of $13.39 and a two-hundred day moving average of $14.62.

Jollibee Foods Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 1st were given a $0.0786 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a dividend yield of 97.0%. Jollibee Foods’s payout ratio is presently 9.97%.

Jollibee Foods Company Profile

(Get Free Report)

Jollibee Foods Corporation is a multinational quick-service restaurant operator based in the Philippines. The company’s flagship brand, Jollibee, specializes in fried chicken, hamburgers, spaghetti, and rice dishes, catering to a wide range of flavor profiles that blend Western and Filipino tastes. Through a franchising and company-owned model, Jollibee Foods serves both dine-in and take-out customers, supported by in-store dining facilities, drive-through lanes, and delivery partnerships.

Beyond its core Jollibee brand, the company’s diversified portfolio includes Chowking (Chinese-style fast food), Greenwich (Italian-inspired pizzas and pasta), Red Ribbon (baked goods and pastries), Mang Inasal (Filipino grilled chicken), Yonghe King and Hong Zhuang Yuan (Chinese cuisines), and Smashburger (American-style burgers).

Further Reading

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