February 15, 2019

Wendy's Company Increases Quarterly Dividend $WEN



  • Wendy's (NYSE:WEN) declares $0.10/share quarterly dividend, 17.6% increase from prior dividend of $0.085.
  • Forward yield 2.23%
  • Payable March 15; for shareholders of record March 1; ex-div Feb. 28.



The Wendy's Company (NASDAQ: WEN) announced today that its Board of Directors has authorized an 18 percent increase in the quarterly cash dividend rate from 8.5 cents to 10 cents per share.  The increase will be effective with the next quarterly dividend payment, which is payable on March 15, 2019, to shareholders of record as of March 1, 2019. The approximate number of common shares outstanding as of February 13, 2019 was 230.1 million. 

"We are pleased to announce an 18 percent increase in our quarterly dividend," said President and Chief Executive Officer Todd Penegor.  "Returning cash to shareholders remains a key priority for us. This is the seventh consecutive year that we have increased our dividend, which is a testament to the strong cash flow generation from our resilient and predictable business model."

For more information, visit www.wendys.com


According to the list of U.S. Dividend Champions, Wendy's Company is a Dividend Challengers. WEN has a 9-year dividend raising streak.

Dividend Growth Rates
DGR
DGR
DGR
DGR
1-yr
3-yr
5-yr
10-yr
21.4
14.8
13.6
2.9






Dividend Yield Chart:



The Wendy's Co stock dividend yield is close to 2-year high.


Payout Ratio:



This is the historical payout ratio of The Wendy's Co. If payout ratio is close to or higher than 100%, dividends might not be sustainable.


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