Collins Foods (ASX:CKF) fully franked dividend up 5.6%

Company News

by Rachael Jones

Collins Foods (ASX:CKF) has released its results for the half year ended 13 October 2019 (HY20), showing statutory NPAT up 12.1 per cent to $24.1 million from the Half year 2018 where it was $21.5 million. 

KFC Australia SSS (same store sales) saw growth of 4.9 per cent for the half year compared to the last half year at 3.1 per cent. 

In Europe, they saw value campaigns delivering positive outcomes in Germany, and a strengthened marketing capability in the Netherlands.

They opened their fifth Taco Bell restaurant in Queensland during the half year, with imminent openings in Victoria.

Fully franked interim dividend of 9.5 cents per ordinary share declared, up 5.6 per cent (HY19: 9.0 cps).

Shares in Collins Foods (ASX: CKF) are trading 5.45 per cent higher at $10.25.