News

Yum declares 1st dividend after split from China business

December 22, 2016

In its first dividend declaration since separation from its China business, Yum Brands Board of Directors declared a quarterly dividend of 30 cents per share of common stock, according to a news release. Distribution is set for Feb. 3 to shareholders of record at the close of business on Jan. 13. Long term, Yum is targeting a a payout ratio of 45 to 50 percent of annual net income, before special items.