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 August 2, 2013, to shareholders of record at the
close of business on July 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 130 countries and territories. Yum! is ranked
#201 on the Fortune 500 List with 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 per day, 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.
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