Domino's Pizza, Inc. offers long-term growth potential with rising sales, improved cash flow, and dividends. Click for our post-earnings updated look at DPZ stock.
Domino's Pizza reported a 2.9% sales growth in Q4, totaling $1.44 billion, below analyst expectations. Despite this, the company saw a 15% increase in its quarterly dividend and strong global retail sales growth of 4.
Domino's Pizza's board has raised the pizza chain's quarterly dividend by 15%, to $1.74 from $1.51. The new payout, equal to $6.96 a year, represents an annual yield of about 1.5% based on Friday's closing price of $462.
Domino's reported lower-than-expected fourth-quarter earnings and revenue Shares of Domino's Pizza Inc (NASDAQ:DPZ) are down 5.6% at $436.68, after the company's fourth-quarter earnings and revenue missed estimates.
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling around 100 points on Monday. The Dow traded up 0.42% to 43,611.72 while the NASDAQ fell 0.53% to 19,421.11. The S&P 500 also fell,