Yum! Brands, Inc. Declares Quarterly Dividend of $0.605 Per Share

Rhea-AI Summary

Yum! Brands, Inc. (NYSE: YUM) declares a dividend of $0.605 per share of common stock. The quarterly dividend will be distributed on December 8, 2023, to shareholders of record on November 28, 2023. Yum! Brands, Inc. operates a system of over 57,000 restaurants globally under its concepts – KFC, Taco Bell, Pizza Hut, and the Habit Burger Grill. The company's brands are global leaders in their respective categories. Yum! Brands has also received recognition for its diversity, sustainability, and responsible business practices.

Positive

• Yum! Brands, Inc. continues to demonstrate financial stability and commitment to shareholders by declaring a dividend.
• The company's brands, including KFC, Taco Bell, and Pizza Hut, are global leaders in the chicken, Mexican-style food, and pizza categories, respectively.
• Yum! Brands' recognition on various lists for diversity, sustainability, and responsible business practices showcases its commitment to social and environmental responsibility.

Negative

• None.

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) Board of Directors declared a dividend of $0.605 per share of common stock. The quarterly dividend will be distributed December 8, 2023 to shareholders of record at the close of business on November 28, 2023.

Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 57,000 restaurants in more than 155 countries and territories under the company’s concepts – KFC, Taco Bell, Pizza Hut and the Habit Burger Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-style food, and pizza categories, respectively. The Habit Burger Grill is a fast casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. In 2023, the KFC, Taco Bell and Pizza Hut brands were ranked in the top five of Entrepreneur’s Top Global Franchises Ranking. In addition, in 2023 Yum! Brands was included on the Bloomberg Gender-Equality Index; Forbes’ list of America’s Best Employers for Diversity; and Newsweek’s lists recognizing America’s Most Responsible Companies, America’s Greatest Workplaces for Diversity, America's Greenest Companies and America’s Greatest Workplaces for Women. In 2022, the Company was named to the Dow Jones Sustainability Index North America.

Category: Financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20231116893592/en/

Analysts are invited to contact:

Matt Morris, Head of Investor Relations at 888/298-6986

Members of the media are invited to contact:

Virginia Ferguson, Vice President, Public Relations, at 502/874-8200

Source: Yum! Brands, Inc.

FAQ

What is the dividend declared by Yum! Brands, Inc.?

Yum! Brands, Inc. declared a dividend of $0.605 per share of common stock.

When will the dividend be distributed?

The quarterly dividend will be distributed on December 8, 2023, to shareholders of record on November 28, 2023.

How many restaurants does Yum! Brands, Inc. operate globally?

Yum! Brands, Inc. operates a system of over 57,000 restaurants globally under its concepts – KFC, Taco Bell, Pizza Hut, and the Habit Burger Grill.

What recognition has Yum! Brands, Inc. received?

Yum! Brands, Inc. has been recognized for its diversity, sustainability, and responsible business practices.

Who can analysts and media contact for more information?

Analysts can contact Matt Morris, Head of Investor Relations at 888/298-6986, while members of the media can contact Virginia Ferguson, Vice President, Public Relations, at 502/874-8200.