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Yum! Brands, Inc. Declares Quarterly Dividend of $0.50 Per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Yum! Brands, Inc. (NYSE: YUM) announced a quarterly dividend of $0.50 per share, scheduled for distribution on December 10, 2021. Shareholders of record as of November 26, 2021 will receive this payment. Based in Louisville, Kentucky, Yum! operates over 52,000 restaurants globally, with brands including KFC, Pizza Hut, and Taco Bell. The company has been recognized for its gender equality and sustainability initiatives.
Positive
Dividend of $0.50 per share increases shareholder income.
Company's global presence with over 52,000 restaurants indicates strong market position.
Negative
None.
LOUISVILLE, Ky.--(BUSINESS WIRE)--
Yum! Brands, Inc. (NYSE: YUM) Board of Directors declared a dividend of $0.50 per share of common stock. The quarterly dividend will be distributed December 10, 2021 to shareholders of record at the close of business on November 26, 2021.
Yum! Brands, Inc., based in Louisville, Kentucky, has over 52,000 restaurants in more than 150 countries and territories primarily operating the company’s brands – KFC, Pizza Hut and Taco Bell – global leaders of the chicken, pizza and Mexican-style food categories. The Company’s family of brands also includes The Habit Burger Grill, a fast-casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. Yum! Brands was included on the 2021 Bloomberg Gender-Equality Index and in 2020, Yum! Brands was named to the Dow Jones Sustainability Index North America and was ranked among the top 100 Best Corporate Citizens by 3BL Media.