Yum! Brands (YUM) Raises Quarterly Dividend 10.9% to $0.51; 2.3% Yield

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Go back to Yum! Brands (YUM) Raises Quarterly Dividend 10.9% to $0.51; 2.3% Yield

Yum! Brands (YUM) Names New Board Member

September 26, 2016 12:00 PM EDT

Yum! Brands, Inc. (NYSE: YUM) announced the appointment of Paget Alves to its Board of Directors, effective November 17, 2016. With Mr. Alvess appointment, the Yum! Brands Board will consist of 12 directors, 11 of whom will be independent.

Pagets extensive executive management and leadership experience, as well as his background in sales, make him a strong addition to the Yum! Brands Board, said Robert Walter, Non-Executive Chairman... More

Yum! Brands (YUM) Board Approves Yum China (YUMC) Separation; Increased Dividend Announced

September 26, 2016 9:26 AM EDT

Yum! Brands, Inc. (NYSE: YUM) announced that its Board of Directors has approved the previously announced separation of its China business, now owned by Yum China Holdings, Inc. (Yum China), from Yum! Brands, which is currently expected to occur after the close of business on October 31, 2016. Yum China expects to begin trading regular way as an independent company beginning November 1, 2016, on the New York Stock Exchange (NYSE) under the ticker symbol YUMC. Yum! Brands expects when-issued trading for both Yum! Brands and Yum China to begin on the NYSE on October 17, 2016, under the symbol YUM WI for... More

RBC Capital Downgrades Yum! Brands (YUM) to Outperform

September 23, 2016 6:23 AM EDT

RBC Capital downgraded Yum! Brands (NYSE: YUM) from Top Pick to Outperform with a price target of $97, saying upside implied by their price target is more representative of an Outperform rating

Analyst David Palmer commented, "We continue to rank Yum Brands among our most... More