Yum China HoldingsYUMC +1.81%81 Dividend Payout Ratio is 0.33 as of Mar. 2026, which is 18% above its 10-year median of 0.28. GuruFocus rates YUMC with a GF Score™ of 81/100 and a GF Value™ of $54.02 (Modestly Undervalued). Among 166 Restaurants companies, Yum China Holdings ranks better than 52.41% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Yum China Holdings's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.33.
The historical rank and industry rank for Yum China Holdings's Dividend Payout Ratio or its related term are showing as below:
YUMC'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.28 Max: 0.46
Current: 0.38
During the past 13 years, the highest Dividend Payout Ratio of Yum China Holdings was 0.46. The lowest was 0.07. And the median was 0.28.
YUMC's Dividend Payout Ratio is ranked better than 52.41% of 166
companies
in the Restaurants industry
Industry Median: 0.39
vs YUMC: 0.38
During the past 12 months, Yum China Holdings's average Dividends Per Share Growth Rate was 40.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 25.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Yum China Holdings was 33.90% per year. The lowest was 0.00% per year. And the median was 18.05% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Yum China Holdings (NYSE:YUMC) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Yum China Holdings Dividend Payout Ratio Related Terms
Yum China Holdings Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Yum China Holdings's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
YUMC vs TXRH, DPZ, BROS: Dividend Payout Ratio Comparison
For the Restaurants subindustry, Yum China Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Yum China Holdings Dividend Payout Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Yum China Holdings's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Yum China Holdings's Dividend Payout Ratio falls into.
Yum China Holdings Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Yum China Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Yum China Holdings (YUMC) has a Dividend Payout Ratio of 0.33 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Yum China Holdings and its competitors. This is 18% above median its historical median of 0.28. Over the past decade, Yum China Holdings' Dividend Payout Ratio has ranged from 0.07 to 0.46. According to the industry distribution chart, Yum China Holdings ranks #79 out of 166 companies in the Restaurants industry, placing it in the top 47.6%.
Is Yum China Holdings' Dividend Payout Ratio too high?
Yum China Holdings' current Dividend Payout Ratio of 0.33 is 18% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.46. The Restaurants industry median Dividend Payout Ratio is 0.39. Yum China Holdings' value of 0.33 is 15.4% below this industry median. Based on the distribution chart, Yum China Holdings ranks #79 out of 166 companies in the Restaurants industry, which is above the industry midpoint. Overall, Yum China Holdings has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yum China Holdings' Dividend Payout Ratio compare to TXRH and DPZ?
According to the Restaurants industry distribution chart, Yum China Holdings ranks #79 out of 166 companies for Dividend Payout Ratio. This puts Yum China Holdings in the upper half of its industry. The industry median Dividend Payout Ratio is 0.39. Yum China Holdings' value of 0.33 is 15.4% below this benchmark. Historically, Yum China Holdings' own Dividend Payout Ratio has ranged from 0.07 to 0.46 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.39, Yum China Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Restaurants company?
The median Dividend Payout Ratio among Restaurants companies is 0.39, based on 166 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Yum China Holdings's current Dividend Payout Ratio of 0.33 is 15.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Yum China Holdings and its competitors. For the Restaurants industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yum China Holdings's current Dividend Payout Ratio is 0.33, which is 18% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yum China Holdings stock overvalued right now?
Based on GuruFocus' analysis, Yum China Holdings (YUMC) is currently considered Modestly Undervalued. The stock's GF Value™ is $54.02, compared to a current price of $41.70 — trading 22.8% below its estimated fair value. The current Dividend Payout Ratio is 0.33, which is 18% above median its 10-year median of 0.28 and 15.4% below the Restaurants industry median of 0.39. Yum China Holdings' overall GF Score™ is 81/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Yum China Holdings (YUMC), the current Dividend Payout Ratio is 0.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Yum China Holdings (YUMC) Overvalued in 2026?
Based on GuruFocus' analysis, Yum China Holdings stock appears to be undervalued.
The current stock price of $41.70 is trading 22.8% below its estimated GF Value™ of $54.02.
GuruFocus considers Yum China Holdings to be Modestly Undervalued.
Key valuation signals for YUMC:
Dividend Payout Ratio: 0.33 (18% above median its 10-year median of 0.28)
GF Value™: $54.02 vs. price of $41.70 (22.8% below fair value)
Industry Position: 15.4% below the Restaurants median (#79 of 166)
No single metric tells the full story. See the YUMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yum China is the largest restaurant operator in China, with over 18,000 locations and USD 12 billion in systemwide sales as of 2025. It generates revenue primarily from its own restaurants and franchise fees. While KFC and Pizza Hut are its flagship brands, Yum China's portfolio also includes Little Sheep, Taco Bell, Huang Ji Huang, and Lavazza.As a trademark licensee of Yum Brands, Yum China pays 3% of KFC and Pizza Hut's systemwide sales to its former parent, from which it spun off in 2016. However, even before the separation, Yum China was granted substantial autonomy, giving its Chinese leadership decision-making authority over menu, supply chain, and marketing—an unusual practice for Western chains at the time.
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