Yum Brands's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Yum Brands (NYSE:YUM) has announced that it will pay a quarterly dividend of 60.5 cents per share. The ex-dividend date is Monday, meaning shares will trade lower by the dividend amount. Shareholders as of Friday's close are eligible for the dividend, which will be paid on December 8, 2023.
November 22, 2023 | 2:45 pm
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Yum Brands will pay a 60.5 cents quarterly dividend per share with the ex-dividend date on Monday. Stock price expected to open lower by the dividend amount.
The stock price is likely to decrease in the short term by the amount of the dividend as the ex-dividend date approaches, reflecting the payout. This is a common occurrence with stocks on their ex-dividend date.
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