The Western Union Company Plans Quarterly Dividend of $0.24 (NYSE:WU)

The Western Union Company (NYSE:WU) declared a quarterly dividend on Thursday, May 14th. Shareholders of record on Tuesday, June 16th will be given a dividend of 0.235 per share by the credit services provider on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 11.3%. The ex-dividend date of this dividend is Tuesday, June 16th.

Western Union has raised its dividend payment by an average of 0.0%per year over the last three years. Western Union has a payout ratio of 50.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Western Union to earn $1.93 per share next year, which means the company should continue to be able to cover its $0.94 annual dividend with an expected future payout ratio of 48.7%.

Western Union Stock Up 0.3%

Shares of WU stock traded up $0.03 on Friday, reaching $8.34. 3,087,984 shares of the stock were exchanged, compared to its average volume of 8,753,142. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 2.88. The business’s 50 day moving average price is $9.13 and its 200 day moving average price is $9.24. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 6.13, a PEG ratio of 1.08 and a beta of 0.50. Western Union has a twelve month low of $7.85 and a twelve month high of $10.35.

Western Union (NYSE:WU) last issued its earnings results on Friday, April 24th. The credit services provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.15). The firm had revenue of $963.50 million for the quarter, compared to analyst estimates of $1.06 billion. Western Union had a return on equity of 55.94% and a net margin of 10.88%.The business’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.41 EPS. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. As a group, sell-side analysts expect that Western Union will post 1.76 earnings per share for the current fiscal year.

Western Union Company Profile

Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. The company enables individuals and businesses to send and receive money through a variety of channels, including its vast agent network, online platforms, and mobile applications. Core services include person-to-person money transfers, business-to-business cross-border payments, bill payment services and prepaid card programs.

Through its digital offerings, Western Union provides customers with the ability to initiate transfers via its website and mobile app, as well as track transactions in real time.