News

Yum! Announces generous dividends

November 21, 2010

Pizza Hut parent company Yum! Brands Inc.'s board of directors has declared a dividend of 25 cents per share of common stock, which will be distributed Feb. 4, 2011, to shareholders of record.

Yum! continues to return significant cash to shareholders through its dividend program, first initiated in 2004. Since then, the dividend has increased each year with the most recent increase of 19 percent, announced in September. Over time, Yum! targets a payout ratio of 35-40 percent of annual net income.