The Western Union Company Declares Quarterly Dividend of $0.23 (NYSE:WU)

The Western Union Company (NYSE:WU) announced 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 13.2%. The ex-dividend date of this dividend is Wednesday, September 16th.

Western Union has increased its dividend payment by an average of 0.0%per year 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 $1.92 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 49.0%.

Western Union Stock Performance

WU stock traded up $0.59 during trading on Tuesday, reaching $7.14. The stock had a trading volume of 17,752,909 shares, compared to its average volume of 9,104,668. Western Union has a 52 week low of $6.27 and a 52 week high of $10.35. The stock’s 50 day moving average is $7.76 and its two-hundred day moving average is $8.72. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 2.95. The firm has a market cap of $2.23 billion, a PE ratio of 5.82, a PEG ratio of 1.09 and a beta of 0.46.

Western Union (NYSE:WU) last released its quarterly earnings results on Thursday, July 30th. The credit services provider reported $0.31 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.11). The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Western Union had a net margin of 9.79% and a return on equity of 50.89%. Western Union’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.37 EPS. Western Union has set its FY 2026 guidance at 1.250-1.350 EPS. As a group, equities analysts anticipate that Western Union will post 1.3 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.