Western Union Announces $0.235 Quarterly Dividend

Rhea-AI Summary

The Western Union Company (NYSE: WU) announced a quarterly cash dividend of $0.235 per share, payable on December 31, 2021. Stockholders of record will be those registered by the close of business on December 17, 2021. Western Union is a leader in cross-border, cross-currency money movement, connecting businesses and consumers globally. With a vast network spanning over 200 countries and territories, it facilitates access to billions of bank accounts and millions of digital wallets.

Positive

• Quarterly cash dividend of $0.235 enhances shareholder income.
• Continuously connects a vast global network, indicating strong financial infrastructure.

Negative

• None.

DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, announced today that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable December 31, 2021, to stockholders of record at the close of business on December 17, 2021.

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 businesses, financial institutions, governments, and consumers through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and approximately 600,000 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/20211207005922/en/

Media Relations:

Claire Treacy

Claire.Treacy@westernunion.com



Investor Relations:

Brad Windbigler

Brad.Windbigler@westernunion.com

Source: The Western Union Company

FAQ

What is the dividend amount declared by Western Union?

Western Union declared a quarterly cash dividend of $0.235 per share.

When will the dividend be paid?

The dividend will be paid on December 31, 2021.

Who are eligible for the dividend payment?

Stockholders of record as of December 17, 2021, are eligible for the dividend payment.

How does the dividend payment impact Western Union's stock?

The dividend payment reflects Western Union's commitment to providing returns to shareholders, potentially impacting investor confidence positively.