Western Union (WU) Raises Quarterly Dividend 12.5% to $0.225; 3.2% Yield
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Western Union Reports Fourth Quarter and Full Year Results; Increases Quarterly Dividend 13% on Strong Profit Outlook
February 11, 2020 4:05 PM EST
Strong digital money transfer revenue growth
2019 operating cash flow of $915 million; over $1 billion adjusted
Over $880 million of cash returned to shareholders in 2019
DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today reported financial results for the 2019 fourth quarter and full year, and provided its financial outlook for 2020.
In the fourth quarter, the Company generated revenue of $1.3 billion, a decline of 7% on a reported basis or an increase of 3%... More
