Kingfisher (LON:KGF) Announces Quarterly Earnings Results

Kingfisher (LON:KGF) announced its quarterly 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 net margin of 2.68% and a return on equity of 5.23%.

Kingfisher Price Performance

LON KGF traded down GBX 2.20 ($0.03) during trading on Thursday, reaching GBX 242.30 ($3.12). The company’s stock had a trading volume of 5,330,740 shares, compared to its average volume of 33,429,039. The stock has a market capitalization of £4.28 billion, a PE ratio of 12.91, a P/E/G ratio of 2.87 and a beta of 0.96. 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 firm has a fifty day moving average of GBX 251.17 and a 200 day moving average of GBX 270.47. Kingfisher has a one year low of GBX 227.20 ($2.93) and a one year high of GBX 333.50 ($4.29).

Kingfisher Increases Dividend

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