The Wendy's Company Announces Regular Quarterly Cash Dividend of $0.02 Per Share
ATLANTA--(BUSINESS WIRE)--The Wendy's Company (NYSE: WEN) announced the declaration of its regular quarterly cash dividend of $0.02 per share, payable on December 15, 2011 to stockholders of The Wendy's Company of record as of December 1, 2011.
As of October 2, 2011, The Wendy’s Company had approximately 390 million shares of common stock outstanding.
About The Wendy’s Company
The Wendy’s Company is the third largest quick-service hamburger company in the United States. A subsidiary, Wendy’s International, Inc., is the franchisor of the Wendy’s restaurant system. The Wendy’s system includes more than 6,500 restaurants in the U.S. and 25 other countries and U.S. territories worldwide.
There can be no assurance that any additional regular quarterly cash dividends will be declared or paid after the date hereof, or of the amount or timing of such dividends, if any. Future dividend payments, if any, are subject to applicable law, will be made at the discretion of the Board and will be based on such factors as The Wendy’s Company earnings, financial condition, cash requirements and other factors.
Media and Investor Contacts:
The Wendy’s Company
John Barker, 614-764-3044
Dave Poplar, 614-764-3311
Kay Sharpton, 678-514-5292