Kingfisher (LON:KGF) Posts Quarterly Earnings Results

Kingfisher (LON:KGF) announced its earnings results 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 Stock Down 0.7 %

Shares of KGF opened at GBX 242.90 ($3.13) on Thursday. The company has a market capitalization of £4.29 billion, a P/E ratio of 12.94, a PEG ratio of 2.87 and a beta of 0.96. Kingfisher has a one year low of GBX 227.20 ($2.93) and a one year high of GBX 333.50 ($4.29). The business’s 50 day simple moving average is GBX 251.17 and its 200-day simple moving average is GBX 270.47. The company has a debt-to-equity ratio of 7.12, a current ratio of 1.26 and a quick ratio of 0.27.

Kingfisher Increases Dividend

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