The Wendy’s Company (NASDAQ:WEN – Get Free Report) announced a quarterly dividend on Friday, February 13th. Shareholders of record on Monday, March 2nd will be paid a dividend of 0.14 per share by the restaurant operator on Monday, March 16th. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date is Monday, March 2nd.
Wendy’s has raised its dividend payment by an average of 0.2%per year over the last three years. Wendy’s has a dividend payout ratio of 53.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Wendy’s to earn $1.12 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 50.0%.
Wendy’s Stock Up 2.9%
Shares of WEN traded up $0.21 during mid-day trading on Friday, reaching $7.48. The company’s stock had a trading volume of 19,213,271 shares, compared to its average volume of 7,958,621. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 7.96, a price-to-earnings-growth ratio of 1.52 and a beta of 0.38. The business has a fifty day moving average of $8.21 and a 200 day moving average of $8.96. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 26.89. Wendy’s has a 1 year low of $7.08 and a 1 year high of $16.20.
About Wendy’s
The Wendy’s Company (NASDAQ:WEN) operates as a global quick-service restaurant chain, best known for its square-shaped beef patties, fresh ingredient sourcing and signature Frosty dessert. The company’s menu features a variety of hamburgers, chicken sandwiches, salads, breakfast sandwiches, sides and beverages, designed to appeal to a broad customer base seeking both classic and contemporary fast-food options. Wendy’s has placed particular emphasis on product innovation, introducing limited-time offerings and revamped core menu items to maintain customer interest and respond to evolving dining trends.
Founded in 1969 by entrepreneur Dave Thomas in Columbus, Ohio, Wendy’s expanded rapidly through both company-owned and franchised outlets.
Read More
- Five stocks we like better than Wendy’s
- Your Bank Account Is No Longer Safe
- Nvidia CEO Issues Bold Tesla Call
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- New gold price target
Receive News & Ratings for Wendy's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wendy's and related companies with MarketBeat.com's FREE daily email newsletter.
