Cheesecake Factory's latest quarterly dividend was on Mar 5, 2024 (ex-date) with a payout of $0.27 per share. At an annualized rate of $1.08 per share, the stock yields 2.81%.
Cheesecake Factory's dividend yield of 2.81% is higher than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 2.29%, Cheesecake Factory's dividend yield is 23% higher.
Cheesecake Factory has a long history of dividend payments, including the last two consecutive years with dividend payouts. CAKE has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However with the price of the stock up by 10% from a year ago, the dividend yield has decreased by 9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 5, 2024 | Mar 19, 2024 | Feb 15, 2024 | $0.27 | normal |
| Nov 14, 2023 | Nov 28, 2023 | Nov 1, 2023 | $0.27 | normal |
| Aug 15, 2023 | Aug 29, 2023 | Jul 27, 2023 | $0.27 | normal |
| May 23, 2023 | Jun 6, 2023 | May 10, 2023 | $0.27 | normal |
| Mar 7, 2023 | Mar 21, 2023 | Feb 22, 2023 | $0.27 | normal |
| Nov 14, 2022 | Nov 28, 2022 | Oct 26, 2022 | $0.27 | normal |
| Aug 9, 2022 | Aug 23, 2022 | Jul 27, 2022 | $0.27 | normal |
| May 10, 2022 | May 24, 2022 | Apr 27, 2022 | $0.27 | normal |
| Mar 6, 2020 | Mar 20, 2020 | Feb 18, 2020 | $0.36 | normal |
| Nov 8, 2019 | Nov 26, 2019 | Oct 23, 2019 | $0.36 | normal |
| Aug 13, 2019 | Aug 27, 2019 | Jul 25, 2019 | $0.36 | normal |
| May 15, 2019 | May 29, 2019 | Apr 25, 2019 | $0.33 | normal |
| Mar 1, 2019 | Mar 19, 2019 | Feb 13, 2019 | $0.33 | normal |
| Nov 13, 2018 | Nov 27, 2018 | Oct 25, 2018 | $0.33 | normal |
| Aug 14, 2018 | Aug 28, 2018 | Jul 26, 2018 | $0.33 | normal |
| May 9, 2018 | May 22, 2018 | Apr 23, 2018 | $0.29 | normal |
| Feb 27, 2018 | Mar 20, 2018 | Feb 15, 2018 | $0.29 | normal |
| Nov 14, 2017 | Nov 28, 2017 | Oct 26, 2017 | $0.29 | normal |
| Aug 14, 2017 | Aug 29, 2017 | Jul 27, 2017 | $0.29 | normal |
| May 15, 2017 | May 30, 2017 | May 3, 2017 | $0.24 | normal |
| Mar 6, 2017 | Mar 21, 2017 | Feb 16, 2017 | $0.24 | normal |
| Nov 7, 2016 | Nov 22, 2016 | Oct 20, 2016 | $0.24 | normal |
| Aug 8, 2016 | Aug 23, 2016 | Jul 21, 2016 | $0.24 | normal |
| May 9, 2016 | May 24, 2016 | Apr 21, 2016 | $0.2 | normal |
| Feb 26, 2016 | Mar 14, 2016 | Feb 11, 2016 | $0.2 | normal |
Cheesecake Factory's payout ratio of 48.6% is above the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 38.3%, Cheesecake Factory's payout ratio is 27% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BLMN Bloomin' Brands Inc | 4.09% | $0.96 | 112.9% |
| CAKE Cheesecake Factory Inc | 2.81% | $1.08 | 48.6% |
Yes, Cheesecake Factory has been paying dividends for the last two years.
CAKE's next dividend is scheduled on May 21, 2024 (ex-date).
Cheesecake Factory's last dividend ex-date was on Mar 5, 2024. The dividend amount was $0.27 per share.
On an annual basis CAKE pays $1.08 per share.
Currently Cheesecake Factory's dividend yield is 2.81%.
Cheesecake Factory pays dividends quarterly.
The dividend payout ratio of Cheesecake Factory is 48.6%.
Cheesecake Factory's dividend yield is more than the Consumer Cyclical sector average.