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, approved by its board of directors. The dividend is scheduled for payment on June 28, 2024, to shareholders recorded by the close of business on June 14, 2024.

Positive

• Western Union has declared a quarterly cash dividend of $0.235 per share.
• Payment date set for June 28, 2024, providing a clear timetable for shareholder returns.
• Shareholders of record on June 14, 2024, will benefit, encouraging timely investment.

Negative

• The announcement does not address any potential challenges or risks.
• No growth projections or future financial performance details provided.
• Lack of context regarding the company's overall financial health or strategic plans.

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 28, 2024, to stockholders of record at the close of business on June 14, 2024.

About Western Union

The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and nearly 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit www.westernunion.com.

WU-G

View source version on businesswire.com: https://www.businesswire.com/news/home/20240517546187/en/

Media Relations:

Brad Jones

media@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?

Western Union has announced a quarterly cash dividend of $0.235 per common share.

When will Western Union pay the declared dividend?

The dividend will be paid on June 28, 2024.

Who is eligible to receive the Western Union dividend?

Shareholders recorded by the close of business on June 14, 2024, are eligible to receive the dividend.

What is the stock symbol for Western Union?

The stock symbol for Western Union is WU.