The Western Union Company (NYSE:WU) Declares Quarterly Dividend of $0.24

The Western Union Company (NYSE:WU) declared a quarterly dividend on Friday, February 20th. Investors of record on Tuesday, March 17th will be paid a dividend of 0.235 per share by the credit services provider on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 10.2%. The ex-dividend date of this dividend is Tuesday, March 17th.

Western Union has increased its dividend by an average of 0.0%annually over the last three years. Western Union has a dividend payout ratio of 50.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Western Union to earn $1.91 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 49.2%.

Western Union Price Performance

WU traded down $0.19 during trading on Friday, reaching $9.25. 20,272,596 shares of the stock were exchanged, compared to its average volume of 8,868,288. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.12 and a quick ratio of 1.12. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 4.04, a P/E/G ratio of 3.09 and a beta of 0.52. Western Union has a 1 year low of $7.85 and a 1 year high of $11.94. The business’s 50 day moving average price is $9.51 and its two-hundred day moving average price is $8.88.

Western Union (NYSE:WU) last released its quarterly earnings results on Friday, February 20th. The credit services provider reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.02. Western Union had a return on equity of 60.85% and a net margin of 18.80%.The business had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the previous year, the company posted $0.40 EPS. The business’s revenue was down 4.7% on a year-over-year basis. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. As a group, equities research analysts anticipate that Western Union will post 1.79 earnings per share 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.