The Western Union Company (WU) To Go Ex-Dividend on June 16th

The Western Union Company (NYSE:WU) declared a quarterly dividend on Thursday, May 14th. Investors of record on Tuesday, June 16th will be given a dividend of 0.235 per share by the credit services provider on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date of this dividend is Tuesday, June 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% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Western Union to earn $1.93 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 48.7%.

Western Union Stock Performance

NYSE:WU opened at $8.34 on Friday. The firm has a market capitalization of $2.60 billion, a PE ratio of 6.13, a price-to-earnings-growth ratio of 1.06 and a beta of 0.50. The business’s fifty day moving average price is $9.11 and its 200 day moving average price is $9.24. The company has a debt-to-equity ratio of 2.88, a current ratio of 1.11 and a quick ratio of 1.11. Western Union has a 12 month low of $7.85 and a 12 month high of $10.35.

Western Union (NYSE:WU) last posted its earnings results on Friday, April 24th. The credit services provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.15). The business had revenue of $963.50 million during the quarter, compared to analysts’ expectations of $1.06 billion. Western Union had a net margin of 10.88% and a return on equity of 55.94%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same period last year, the company earned $0.41 EPS. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. On average, sell-side analysts anticipate that Western Union will post 1.76 earnings per share for the current fiscal year.

Western Union Company Profile

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.