The Western Union Company (WU) to Issue Quarterly Dividend of $0.23 on September 30th

The Western Union Company (NYSE:WU) declared a quarterly dividend on Monday, August 3rd. Investors of record on Wednesday, September 16th will be paid a dividend of 0.235 per share by the credit services provider on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 12.9%. The ex-dividend date of this dividend is Wednesday, September 16th.

Western Union has raised its dividend payment by an average of 0.0%annually over the last three years. Western Union has a dividend payout ratio of 50.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Western Union to earn $1.77 per share next year, which means the company should continue to be able to cover its $0.94 annual dividend with an expected future payout ratio of 53.1%.

Western Union Stock Up 11.5%

Shares of WU opened at $7.30 on Wednesday. Western Union has a 52 week low of $6.27 and a 52 week high of $10.35. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 5.94, a PEG ratio of 1.14 and a beta of 0.47. The stock’s 50-day moving average price is $7.74 and its 200-day moving average price is $8.70. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 2.95.

Western Union (NYSE:WU) last announced its quarterly earnings results on Thursday, July 30th. The credit services provider reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.11). The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Western Union had a return on equity of 50.89% and a net margin of 9.79%.The business’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period last year, the company posted $0.37 earnings per share. Western Union has set its FY 2026 guidance at 1.250-1.350 EPS. On average, sell-side analysts predict that Western Union will post 1.28 EPS for the current year.

About Western Union

Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. The company enables individuals and businesses to send and receive money through a variety of channels, including its vast agent network, online platforms, and mobile applications. Core services include person-to-person money transfers, business-to-business cross-border payments, bill payment services and prepaid card programs.

Through its digital offerings, Western Union provides customers with the ability to initiate transfers via its website and mobile app, as well as track transactions in real time.