Yum! Brands, Inc. Declares Quarterly Dividend of $0.30 Per Share
March 24 2017 - 4:15PM
Business Wire
Yum! Brands, Inc. (NYSE: YUM) Board of Directors declared a
dividend of $0.30 per share of common stock. The quarterly dividend
will be distributed May 5, 2017 to shareholders of record at the
close of business on April 14, 2017. Over the long term, Yum!
targets a payout ratio of 45%-50% of annual net income, before
special items.
Yum! Brands, Inc., based in Louisville, Kentucky, has over
43,500 restaurants in more than 135 countries and territories and
is one of the Aon Hewitt Top Companies for Leaders in North
America. The company’s restaurant brands – KFC, Pizza Hut and Taco
Bell – are the global leaders of the chicken, pizza and
Mexican-style food categories. Worldwide, the Yum! Brands system
opens over six new restaurants per day on average, making it a
leader in global retail development.
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version on businesswire.com: http://www.businesswire.com/news/home/20170324005539/en/
Yum! Brands, Inc.Analysts are invited to contact:Keith Siegner,
888-298-6986Vice President, Investor Relations, Corporate Strategy
and TreasurerorElizabeth Grenfell, 888-298-6986Director, Investor
RelationsorMembers of the media are invited to contact:Virginia
Ferguson, 502-874-8200Director, Public Relations
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