Do you own Domino’s Pizza Enterprises Ltd (ASX: DMP) shares? Well, it’s a good day for you.
Not that it would seem like it. At the time of writing, the Domino’s Pizza share price has taken a major hit. After surviving yesterday’s carnage on the S&P/ASX 200 Index (ASX: XJO) with just a 0.36% fall, today Domino’s Pizza shares have taken a far chunkier 5.5% hit and are down to $62.32 a share.
But that’s not what we’re talking about. So let’s instead discuss the payday that is coming shareholders’ way today.
Show me the money: It’s dividend day for Domino’s Pizza shares
When Domino’s released its FY22 full-year earnings report last month, the company declared a final dividend of 68.1 cents per share for the year.
This dividend, which comes partially franked at 70%, might have been something of a disappointment, considering FY21’s final dividend came in at 85.1 cents per share. The interim dividend that was doled out back in March was higher still at 88.4 cents per share.
Even so, cash is cash. And today is payday. Yes, Domino’s traded ex-dividend for this payment back on 30 August. But today is the day that this payout will finally hit shareholders’ bank accounts.
This dividend is still significantly higher than prior Domino’s dividends. For example, the company paid out a final dividend of 52.6 cents per share for FY20 and a final payment of 52.8 cents per share in FY19.
Investors will all be receiving cash dividends though. Domino’s does not currently run a dividend reinvestment plan (DRP), so investors did not have the option of receiving additional shares in lieu of the cash payment.
Domino’s Pizza shares remain down a painful 48.3% in 2022 thus far, and by 61.5% over the past 12 months. However, the company remains up by almost 49% over the past five years.
At the current Domino’s Pizza share price, this ASX 200 share has a dividend yield of 2.51%. That’s along with a market capitalisation of $5.7 billion, and a price-to-earnings (P/E) ratio of 36.1.
The post Own Domino’s shares? Get ready for a delivery appeared first on The Motley Fool Australia.
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More reading
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- Down 50% in 2022: Is the Domino’s share price a bargain buy?
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Motley Fool contributor Sebastian Bowen 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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