|Day's Range||52.46 - 53.72|
|52 Week Range||43.81 - 59.70|
|PE Ratio (TTM)||23.66|
|Dividend & Yield||1.29 (2.42%)|
|1y Target Est||N/A|
Hundreds of Honolulu residents waited up to three hours Wednesday morning to get their hands on freshly made Dunkin' Donuts at the company’s opening of the first Hawaii store in more than 10 years. The popular Mainland chain’s new location near Honolulu International Airport marks the return of Dunkin' Donuts to Hawaii following a 10-year absence. The new drive-through restaurant is part of a $5 million project that includes an IHOP restaurant and an Aloha Petroleum gas station.
Enter Dunkin Brands Group Inc (NASDAQ:DNKN) to serve that need. Overall, DNKN stock had good news to report last quarter, including a dividend increase of 7.5% from $0.30 in 2016 to $0.3225, and I expect Dunkin’ to have more good news this coming quarter. DNKN’s unique asset light model — and by asset light, I really mean light at 100% franchised — continues to work very well for them.
Starbucks needs to ignite its sales, and fast.