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YUM Yum Brands Inc

139.98
-3.21 (-2.24%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Yum Brands Inc NYSE:YUM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -3.21 -2.24% 139.98 142.86 139.55 139.55 4,089,399 01:00:00

Yum Sets Aside $1 Billion for Share Buybacks

20/11/2014 10:23pm

Dow Jones News


Yum Brands (NYSE:YUM)
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By Maria Armental 

Yum Brands Inc. is setting aside $1 billion for possible share buybacks through May 31, 2016, the company said Thursday.

Based in Louisville, Ky., Yum owns KFC, Pizza Hut and Taco Bell.

In September, the company raised its dividend by 11%, citing substantial cash flow. A 41-cent-per-share dividend will be distributed Feb. 16.

Yum has increased its dividend at a double-digit percentage rate each of the past 10 years.

Shares, slightly up in recent after-hours trading, closed at $75.51 on Thursday.

Write to Maria Armental at maria.armental@wsj.com

Access Investor Kit for Yum! Brands, Inc.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US9884981013

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