Western Union Announces $0.235 Quarterly Dividend

Rhea-AI Summary

The Western Union Company (NYSE: WU) has announced a quarterly cash dividend of $0.235 per common share. This dividend will be payable on June 30, 2022, to shareholders who are on record as of the close of business on June 16, 2022.

Western Union, a leader in cross-border payments, operates a vast financial network across over 200 countries and territories, facilitating money movement and payments in more than 130 currencies.

Positive

• Quarterly cash dividend of $0.235 enhances shareholder income.
• Dividend payment demonstrates company confidence in financial stability.

Negative

• None.

DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU) announced today that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable June 30, 2022, to stockholders of record at the close of business on June 16, 2022.

About Western Union

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and over 130 currencies. We connect consumers, businesses, financial institutions, and governments through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and a substantial global network of retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit www.westernunion.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20220518006176/en/

Media Relations:

Claire Treacy

Claire.Treacy@westernunion.com

Investor Relations:

Tom Hadley

WesternUnion.IR@westernunion.com

Source: The Western Union Company

FAQ

What is the dividend amount announced by Western Union for June 2022?

The dividend amount is $0.235 per common share.

When will the dividend be paid to shareholders of Western Union?

The dividend will be paid on June 30, 2022.

What is the record date for the Western Union dividend?

The record date for the dividend is June 16, 2022.

How frequently does Western Union pay dividends?

Western Union typically pays dividends quarterly.

Is the dividend from Western Union sustainable?

The sustainability of the dividend can depend on the company's financial performance in the future.