Yum! Brands (YUM) Declares $0.46 Quarterly Dividend; 2.3% Yield

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Yum! Brands, Inc. Announces Authorization of up to $4.2 Billion in Share Repurchases and Declares Quarterly Dividend of $0.46 Per Share

May 20, 2016 2:12 PM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) today announced that its Board of Directors authorized repurchases of up to $4.2 billion in additional shares of common stock and declared a quarterly dividend of $0.46 per share of common stock.

Greg Creed, CEO of Yum! Brands, said, Todays announcement marks another step towards our goal of delivering meaningful cash returns and demonstrates the commitment of our Board and management team to creating shareholder value. Our capital return plans reflect our continued confidence in our long-term growth prospects as we move towards the... More

Yum! Brands, Inc. Announces Authorization of up to $4.2 Billion in Share Repurchases and Declares Quarterly Dividend of $0.46 Per Share

May 20, 2016 2:12 PM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) today announced that its Board of Directors authorized repurchases of up to $4.2 billion in additional shares of common stock and declared a quarterly dividend of $0.46 per share of common stock.

Greg Creed, CEO of Yum! Brands, said, Todays announcement marks another step towards our goal of delivering meaningful cash returns and demonstrates the commitment of our Board and management team to creating shareholder value. Our capital return plans reflect our continued confidence in our long-term growth prospects as we move towards the... More