Wendy's (WEN) announces new $500 million buyback

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Wendy's (WEN) stock rises after announcing share repurchase program, increased dividend

January 13, 2023 10:16 AM EST

(Updated - January 13, 2023 10:23 AM EST)

Wendy's (NASDAQ: WEN) shares opened lower before climbing Friday following various news headlines for the company.

Wendy's released its fourth quarter preliminary results revealing total revenue hit $536.5 million, up 13.4% year over year. It also announced a $0.25 quarterly dividend and... More

Wendy's (WEN) Raises Quarterly Dividend 100% to $0.25; 4.6% Yield

January 13, 2023 7:02 AM EST

Wendy's (NASDAQ: WEN) declared a quarterly dividend of $0.25 per share, or $1 annualized. This is a 100% increase from the prior dividend of $0.125.

The dividend will be payable on March 15, 2023, to stockholders of record on March 1, 2023, with an ex-dividend date of February 28,... More

Wendy's (WEN) Reports Prelim Q4 and FY22 Results

January 13, 2023 7:01 AM EST

The Wendy's Company (Nasdaq: WEN) today reported preliminary, unaudited results for the fourth quarter and fiscal year ended January 1, 2023. The Company plans to release its audited financial statements and file its annual report on Form 10-K on March 1, 2023.

"Our 2022 results highlight the strength and resiliency of the Wendy's® brand as we continued to deliver compelling sales and profit growth," President and Chief Executive Officer Todd Penegor said. "During the year, global same-restaurant sales reached double digits on a two-year basis for the second consecutive year, Company restaurant margins expanded by almost 300 basis... More