Wendy's hikes dividend by 4.2%
The Wendy's Company (WEN) will raise its quarterly dividend by 4.2 percent to $0.125 per share in 2022. The next dividend of $0.125 per share is payable on March 15, 2022, to shareholders of record as of March 7, 2022. A new annual rate of 50 cents per share yields approximately 2.9% at a stock price of $17.39 for Wendy's. The ex-dividend date for the next WEN dividend is March 4, 2022.
The Wendy's Company is quick-service hamburger company. Wendy's is best known for its made-to-order square hamburgers, using fresh, never frozen beef, freshly-prepared salads with hand-chopped lettuce, and other signature items like chili, baked potatoes and the Frosty dessert. The Wendy's system includes franchise and company-operated restaurants in the United States and worldwide. Wendy's is also a partner in a Canadian restaurant real estate joint venture with a subsidiary of Restaurant Brands International Inc. (Tim Hortons and Burger King). Wendy's was founded in 1969 by Dave Thomas in Columbus, Ohio.
