The Wendy's Company Board Of Directors Authorizes 9 Percent Dividend Rate Increase

DUBLIN, Ohio - Oct. 28, 2015 // PRNewswire // - The Wendy's Company (NASDAQ: WEN) today announced that its Board of Directors has authorized a 9 percent increase in the quarterly cash dividend rate from 5.5 cents to 6 cents per share. The increase will be effective with the next quarterly cash dividend, which is payable December 15, 2015, to shareholders of record as of December 1, 2015.

The Wendy's Company is the world's third-largest quick-service hamburger company. The Wendy's system includes approximately 6,500 franchise and Company-operated restaurants in the United States and 28 countries and U.S. territories worldwide. For more information, visit aboutwendys.com or wendys.com.

The approximate number of common shares outstanding as of October 26, 2015 was 273.4 million.

About The Wendy's Company

The Wendy's Company is the world's third-largest quick-service hamburger company. The Wendy's® system includes approximately 6,500 franchise and Company-operated restaurants in the United States and 28 countries and U.S. territories worldwide. For more information, visit www.aboutwendys.com.

Notes: 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 of Directors and will be based on such factors as The Wendy's Company's earnings, financial condition and cash requirements and other factors.

SOURCE The Wendy's Company

Contact:

David D. Poplar
Vice President of Investor Relations
(614) 764-3311
david.poplar@wendys.com

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Huddle House
Everyone knows a House is a good investment! Huddle House is a full service restaurant, serving delicious meals, cooked to order...
la Madeleine
Things don't get much better than breakfast at la Madeleine--unless, of course, it's lunch or dinner.
Kono USA
We've taken one of America's favorite foods and made it even better, innovative, authentic, exciting, and now, we're taking the states by storm.
Anytime Fitness
Align with the world leader in fitness. Recurring-revenue business model, multi-club ownership potential. Don’t just join a franchise, join a...
Jersey Mike's Subs
Jersey Mike's, a fast-casual sub sandwich franchise with more than 1,500 locations open and under development nationwide, believes that making a sub...
Share This Page

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.