Kingfisher (LON:KGF) Releases 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 for the quarter, Digital Look Earnings reports. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%.

Kingfisher Price Performance

Shares of LON KGF traded down GBX 1.80 ($0.02) during midday trading on Thursday, reaching GBX 242.70 ($3.12). The company’s stock had a trading volume of 5,510,223 shares, compared to its average volume of 33,431,980. Kingfisher has a one year low of GBX 227.20 ($2.93) and a one year high of GBX 333.50 ($4.29). The company has a market cap of £4.29 billion, a price-to-earnings ratio of 12.93, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96. The company has a 50 day moving average price of GBX 251.17 and a 200 day moving average price of GBX 270.47. 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 Increases Dividend

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