Yum! Brands Hikes Dividend By 14%

• Yum! Brands, Inc. (NYSE:YUM) Board of Directors has approved a 14% increase in its quarterly dividend to $0.57 from $0.50 per share.
• The quarterly dividend will be distributed on March 11, 2022, to shareholders of record at the close of business on February 18, 2022.
• Yum! Brands held $1.3 billion in cash and equivalents as of September 30, 2021.
• Price Action: YUM shares closed lower by 0.15% at $125.08 on Monday.