Wendy's (WEN) Raises Quarterly Dividend 4.2% to $0.125; 2.3% Yield

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THE WENDY'S COMPANY INCREASES QUARTERLY DIVIDEND RATE

February 23, 2022 4:30 PM EST

DUBLIN, Ohio, Feb. 23, 2022 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) announced today that its Board of Directors has authorized an approximately 4 percent increase in the quarterly cash dividend rate from 12 cents to 12.5 cents per share. The increase will be effective with the next quarterly dividend payment, which is payable on March 15, 2022, to shareholders of record as of March 7, 2022. The approximate number of common shares outstanding as of February 18, 2022 was 215.9 million. 

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