Everything you need to know about the latest Domino’s dividend

The Domino’s Pizza Enterprises Ltd (ASX: DMP) share price is soaring today on the back of the company’s financial results.

But how did the Domino’s dividend stack up compared to previous years, and when will it be paid?

The Domino’s share price is currently rising 6.87% and trading at $71.68. For perspective, the S&P/ASX 200 Index (ASX: XJO) is rising 0.48% today.

Domino’s dividend

Domino announced today it will pay a final dividend of 68.1 cents per share, 70% franked.

However, the Domino’s total dividend payout for FY22 is 156.5 cents per share. This is 10% less than the total dividends paid in FY21.

Last year, Domino’s shareholders received total dividends of 173.5 cents per share.

That said, the dividend announced today is higher than pre-COVID levels. In FY19, Domino’s paid total dividends of 115.5 cents per share, and a final fully franked dividend of 52.8 cents per share.

Domino’s today reported underlying net profit after tax (NPAT) had fallen 12.5% on the previous financial year to $165 million.

Earnings per share also dropped 12.6% to 190.6 cents per share.

However, global sales lifted 3.6% on the previous year to $3.92 billion. Domino’s also opened 294 new stores, the most in its history, and acquired a further 156.

Domino’s is planning to pay the final FY22 dividend on 15 September this year. Domino’s shares will trade ex-dividend  on 30 August. Investors who buy Domino’s shares on or after the ex-dividend date, will not receive the upcoming dividend. The record date for the dividend is 31 August.

Domino’s share price snapshot

The Domino’s share price has slid nearly 50% in the past year, while it has descended more than 39% in the year to date.

For perspective, the ASX 200 has shed nearly 7% in the past year.

Domino’s has a market capitalisation of about $6.2 billion based on the current share price.

The post Everything you need to know about the latest Domino’s dividend appeared first on The Motley Fool Australia.

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Motley Fool contributor Monica O’Shea has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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