Yum Brands: Dividend Insights
Portfolio Pulse from Benzinga Insights
Yum Brands (NYSE:YUM) has announced a quarterly dividend of 60.5 cents per share, payable on September 08, 2023. The stock will go ex-dividend on Monday, meaning it will likely open 60.5 cents lower. Shareholders who own YUM as of the end of Friday's session are eligible to receive the dividend.
August 23, 2023 | 2:45 pm
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Yum Brands' announcement of a 60.5 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout, which is why YUM's stock price may decrease in the short term. However, this is a standard part of the dividend process and does not indicate any issues with the company's performance. Investors who hold the stock until the end of Friday's session will receive the dividend, providing them with a return on their investment.
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