Yum! Brands Inc. (NYSE: YUM – News) announced that its Board of Directors approved a dividend of $0.19 per share of common stock, which will be distributed May 1, 2009, to shareholders of record at the close of business on April 10, 2009.
Yum! has nearly quadrupled its quarterly dividend since the initiation of dividends in May 2004. The company offers a dividend yield comparable to the overall market combined with tremendous global growth opportunities. Yum! remains focused on its overriding strategies of achieving consistent financial performance and driving shareholder value.
Yum! Brands Inc., based in Louisville, Kentucky, is the world’s largest restaurant company in terms of system restaurants, with more than 36,000 restaurants in more than 110 countries and territories.
