Yum! Brands Inc. Declares Quarterly Dividend of $0.335 Per Share
Yum! Brands Inc. (NYSE: YUM) Board of Directors today declared a
dividend of $0.335 per share of common stock. The quarterly dividend
will be distributed May 3, 2013, to shareholders of record at the close
of business on April 12, 2013. Since initiating a dividend in 2004, Yum!
has increased its dividend at a double-digit percentage rate each of the
past eight years, placing Yum! in a select group of companies from the
S&P 500 to do so.
Yum!’s first priority with the operating cash it generates is to invest
in high-return global growth opportunities. In addition, Yum! is
committed to returning significant cash to shareholders. The Company has
returned $5.8 billion of cash through the combination of share
repurchases and dividends over the past five fiscal years.
Yum! Brands, Inc., based in Louisville, Kentucky, is the world’s largest
restaurant company in terms of system restaurants with over 39,000
restaurants in more than 125 countries and territories. Yum! was ranked
#213 on the Fortune 500 List for 2011 and had revenues of over $13
billion in 2012. The Company’s restaurant brands - KFC, Pizza Hut and
Taco Bell - are the global leaders of the chicken, pizza and
Mexican-style food categories. Outside the United States, the Yum!
Brands system opened over five new restaurants each day of the year,
making it a leader in international retail development. The Company has
consistently been recognized for its reward and recognition culture,
diversity leadership, community giving, and consistent shareholder
returns.