Kingfisher (LON:KGF) Announces Earnings Results

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

Kingfisher Stock Performance

Shares of LON:KGF opened at GBX 242.90 ($3.13) on Thursday. The stock has a market capitalization of £4.29 billion, a P/E ratio of 12.94, a P/E/G ratio of 2.87 and a beta of 0.96. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 7.12. Kingfisher has a 1-year low of GBX 227.20 ($2.93) and a 1-year high of GBX 333.50 ($4.29). The business has a 50-day moving average price of GBX 251.17 and a two-hundred day moving average price of GBX 270.47.

Kingfisher Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a GBX 19.72 ($0.25) dividend. This represents a yield of 3.44%. This is a positive change from Kingfisher’s previous dividend of $3.80. The ex-dividend date is Thursday, March 27th. Kingfisher’s dividend payout ratio (DPR) is presently 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.