Domino's Pizza (DPZ) just shared its third-quarter earnings for 2024, and it's got dividend hunters talking. The results were a bit of a mixed bag — earnings were better than expected, but revenues didn't quite hit the mark. The pizza chain reported earnings per share (EPS) of $4.19, beating the average Wall Street forecast of $3.71, while revenues came in at $1.08 billion, just under the $1.1 billion expected.
This comes as the fast-food industry grapples with inflation and shifting customer habits. Still, Domino's has held its ground, reporting a 5.1% bump in global sales from last year. On top of that, they've maintained a solid dividend record, most recently announcing a $1.51 per share payout. With over a decade of consistent dividend growth and a current yield of 1.41%, DPZ is worth a look for investors in search of steady passive income.
