Yum! Brands Inc. (YUM) has announced a quarterly dividend of $0.50 per common share. The dividend is payable on June 11 to shareholders of record as of May 28. Additionally, the company has announced a new stock buyback program of up to $2 billion. This program will run from July 1, 2021, to December 31, 2022. Yum has an earlier-authorized stock buyback program which expires at the end of June. This program is not expected to be utilized completely, as Yum had temporarily suspended it in 2020 in response to the COVID-19 pandemic.
https://www.tipranks.com/news/yum-brands-authorizes-2b-stock-buyback-will-pay-quarterly-dividend-of-0-50
Yum Brands (NYSE:YUM)
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