Yum! Brands (NYSE:YUM) is to hand out a new quarterly dividend. The company declared a payout of $0.335 per share of its common stock. This will be paid on May 3 to shareholders of record as of April 12. This amount matches that of the company's two previous disbursements, the most recent of which was paid in January. Prior to that, the company had distributed $0.285 per share.

In recent times, Yum! Brands has tended to lift its dividend once per year.

The current dividend annualizes to $1.34 per share. That yields 1.9% at Yum!Brands' current stock price of $69.69.