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The Western Union Company (NYSE: WU) has declared a quarterly cash dividend of $0.235 per common share, scheduled for payment on December 30, 2022. Stockholders must be on record by the close of business on December 19, 2022. Western Union is renowned for its leadership in cross-border and cross-currency money transfers, linking over 200 countries. This dividend announcement signifies the company's commitment to returning value to shareholders during its operations in the global financial network.
Positive
Quarterly cash dividend of $0.235 per share increases shareholder income.
Demonstrates the company's commitment to returning value to investors.
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 December 30, 2022, to stockholders of record at the close of business on December 19, 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 approximately 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.
What is the dividend amount declared by Western Union?
Western Union declared a quarterly cash dividend of $0.235 per common share.
When will the dividend be paid to shareholders?
The dividend will be paid on December 30, 2022.
What is the record date for the Western Union dividend?
The record date for the dividend is December 19, 2022.
How often does Western Union pay dividends?
Western Union pays dividends quarterly.
Is the dividend from Western Union sustainable?
The sustainability of Western Union's dividend can be inferred from its ongoing financial performance and commitment to returning value to shareholders.