Bloomin' Brands (NASDAQ:BLMN) Has Affirmed Its Dividend Of $0.24

Simply Wall St.11-12

Bloomin' Brands, Inc.'s (NASDAQ:BLMN) investors are due to receive a payment of $0.24 per share on 11th of December. The dividend yield will be 7.0% based on this payment which is still above the ...

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The dividend yield will be 7.0% based on this payment which is still above the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bloomin-brands-nasdaq-blmn-affirmed-110721668.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bloomin' Brands (NASDAQ:BLMN) Has Affirmed Its Dividend Of $0.24</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBloomin' Brands (NASDAQ:BLMN) Has Affirmed Its Dividend Of $0.24\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-12 19:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bloomin-brands-nasdaq-blmn-affirmed-110721668.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bloomin' Brands, Inc.'s (NASDAQ:BLMN) investors are due to receive a payment of $0.24 per share on 11th of December. The dividend yield will be 7.0% based on this payment which is still above the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bloomin-brands-nasdaq-blmn-affirmed-110721668.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://finance.yahoo.com/news/bloomin-brands-nasdaq-blmn-affirmed-110721668.html","article_id":"2482895770","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/OEkvRDVWDAzB6NWkyySfoA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/b92ce08f4e871c6e137e8b720b721336"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482895770","pubTimestamp":1731409641,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Bloomin' Brands, Inc.'s  investors are due to receive a payment of $0.24 per share on 11th of December. The dividend yield will be 7.0% based on this payment which is still above the industry average.Estimates Indicate Bloomin' Brands' Could Struggle to Maintain Dividend Payments In The Future. While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Despite not generating a profit, Bloomin' Brands is still paying a dividend. It is also not generating any free cash flow, we definitely have concerns when it comes to the sustainability of the dividend.Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. However, there are other things to consider for investors when analysing stock performance. For example, we've identified 2 warning signs for Bloomin' Brands (1 doesn't sit too well with us!) that you should be aware of before investing. Is Blo","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","QLD":"纳指两倍做多ETF","TQQQ":"纳指三倍做多ETF","PSQ":"纳指反向ETF","NDAQ":"纳斯达克OMX交易所",".IXIC":"NASDAQ Composite","BK4588":"碎股","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","BK4209":"餐馆","QID":"纳指两倍做空ETF","BK4112":"金融交易所和数据","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","SQQQ":"纳指三倍做空ETF","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","BLMN":"Bloomin' Brands"},"translate_title":"Bloomin'Brands（纳斯达克股票代码：BLMN）确认股息为0.24美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLMN":1,"NDAQ":1,".IXIC":1,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"Bloomin' Brands, Inc.'s (NASDAQ:BLMN) investors are due to receive a payment of $0.24 per share on 11th of December. The dividend yield will be 7.0% based on this payment which is still above the industry average. \n View our latest analysis for Bloomin' Brands \nBloomin' Brands' Projections Indicate Future Payments May Be Unsustainable\nEstimates Indicate Bloomin' Brands' Could Struggle to Maintain Dividend Payments In The Future\nBloomin' Brands' Future Dividends May Potentially Be At Risk\n While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Despite not generating a profit, Bloomin' Brands is still paying a dividend. It is also not generating any free cash flow, we definitely have concerns when it comes to the sustainability of the dividend. \n EPS is forecast to rise very quickly over the next 12 months. Assuming the dividend continues along recent trends, we could see the payout ratio reach 628%, which is on the unsustainable side. \n\n\n\n  NasdaqGS:BLMN Historic Dividend November 12th 2024\n \n\nDividend Volatility\n The company's dividend history has been marked by instability, with at least one cut in the last 10 years. The dividend has gone from an annual total of $0.24 in 2014 to the most recent total annual payment of $0.96. This means that it has been growing its distributions at 15% per annum over that time. Despite the rapid growth in the dividend over the past number of years, we have seen the payments go down the past as well, so that makes us cautious. \nThe Company Could Face Some Challenges Growing The Dividend\n With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. Bloomin' Brands has impressed us by growing EPS at 22% per year over the past five years. Even though the company is not profitable, it is growing at a solid clip. If profitability can be achieved soon and growth continues apace, this stock could certainly turn into a solid dividend payer. \nThe Dividend Could Prove To Be Unreliable\n In summary, while it's good to see that the dividend hasn't been cut, we are a bit cautious about Bloomin' Brands' payments, as there could be some issues with sustaining them into the future. While we generally think the level of distributions are a bit high, we wouldn't rule it out as becoming a good dividend payer in the future as its earnings are growing healthily. Overall, we don't think this company has the makings of a good income stock. \n Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. However, there are other things to consider for investors when analysing stock performance. For example, we've identified 2 warning signs for Bloomin' Brands (1 doesn't sit too well with us!) that you should be aware of before investing. Is Bloomin' Brands not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks.  \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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