Bloomin’ Brands Inc (BLMN) operates as a casual dining restaurant company. The company’s brand includes Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse and Wine Bar.The company owns and operates many of its 1450 restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising.The Company aggregates its operating segments into two reportable segments, U.S. and international.The company was founded in 1988 and is based in Tampa, Florida.Three key data points gauge Bloomin’ or any dividend paying firm. The key three are:(1) Price(2) Dividends(3) ReturnsThose three basic keys also best tell whether any company has made, is making, and will make money. BLMN PriceOver the past year, Bloomin’ share price fell about 34% from $28.21 to $18.62 as of Friday’s market close.If Bloomin’ shares trade in the range of $5.00 to $30.00 this next year, its recent $18.62 share price might rise to $23.00 by next year. Of course, BLMN price could also drop about the same $4.38 estimated amount, or more.My $4.38 upside estimate is $4.64 under the median of 1 year target estimates from 11 analysts tracking BLMN for brokers. BLMN DividendBloomin’ Brands has paid Annual dividends since June, 2007 and converted to Semi-annual variable dividends since March 2015.Bloomin’s most recent Q dividend of $0.24 was declared May 7th for shareholders of record May 17th and the dividend was paid May 31st.A forward looking $0.96 annual dividend yields 5.16% at Friday’s closing share price. BLMN ReturnsTo put it all together, add the Bloomin’ projected annual dividend of $0.96 to the estimated price upside of $4.38 to get a $5.34 estimated gross gain per share for the coming year.At Friday’s $18.62 share price, a little over $1000 would buy 54 shares.A $10 broker fee (if charged), paid half at purchase and half at sale, could cost us about $0.185 per share.Subtracting that likely $0.185 brokerage cost from the $5.34 estimated gross gain reveals a net gain of $5.155 X 54 shares = $278.37 for about a 27.7% estimated net gain on the year.Furthermore, the $51.60 annual dividend income from $1K invested is over 2.75 times greater than the $18.62 single share price. By these numbers, BLMN is an ideal dividend dog.You might choose to pounce on Bloomin’ Brands Inc. It is a 63 year-old dividend-paying Tampa-based restaurant operator and franchiser that has an 17 year track record paying quarterly variable dividends.The exact track of BLMN future price and dividend will entirely be determined by market action.Remember, the true value of any stock is best realized through personal ownership of shares.More By This Author:Stock Analysis: Ternium
Current Analysis: Suzano
Current Analysis: Chemours