Kingfisher (LON:KGF) Releases Quarterly Earnings Results

Kingfisher (LON:KGF) released its quarterly earnings data on Tuesday. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kingfisher had a net margin of 2.68% and a return on equity of 5.23%.

Kingfisher Trading Up 0.1 %

Shares of LON KGF opened at GBX 240.50 ($3.11) on Wednesday. The business has a fifty day moving average price of GBX 251.05 and a 200 day moving average price of GBX 270.75. Kingfisher has a 1-year low of GBX 227.20 ($2.94) and a 1-year high of GBX 333.50 ($4.32). The company has a debt-to-equity ratio of 7.12, a current ratio of 1.26 and a quick ratio of 0.27. The stock has a market capitalization of £4.25 billion, a P/E ratio of 12.81, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96.

Kingfisher Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a GBX 19.72 ($0.26) dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from Kingfisher’s previous dividend of $3.80. This represents a dividend yield of 3.44%. Kingfisher’s dividend payout ratio (DPR) is currently 63.94%.

About Kingfisher

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.