Wendy's Declares Its First Dividend of 2013

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In declaring its latest quarterly dividend of the year, Wendy's (NASDAQ: WEN  ) will pay out $0.04 per share on March 15 to stockholders of record as of March 1. This marks the second straight quarter the company has paid that amount, following a doubling of the former $0.02 that occurred in December.

The just-announced dividend annualizes to $0.16 per share, resulting in a yield of 3.1% on the company's current stock price.

Wendy's is to announce its audited Q4 and fiscal 2012 financial results before market open on Feb. 28 and will discuss them in a conference call later that morning.

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DocumentId: 2254653, ~/Articles/ArticleHandler.aspx, 9/29/2016 11:29:17 AM

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Related Tickers

9/29/2016 11:14 AM
WEN $10.77 Up +0.06 +0.51%
Wendy's CAPS Rating: ***