The Western Union Company (NYSE:WU) declared quarterly dividend of $ 0.225 per share, or $ 0.90 annualized.
The dividend will be payable on September 30, 2020, to stockholders of record on September 16, 2020, with an ex-dividend date of September 15, 2020.
Dividends History
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Recent Earnings Announcement
The Western Union Company recorded income for the first quarter of $ 0.44 per share, from the revenue of $ 1,190.00 million. The quarterly earnings escalated 7.32 percent compared with the same quarter last year. The consensus estimates are income of $ 0.42 per share from $ 1228.62 million in revenue. The bottom line results beat street analysts by $ 0.02 or 4.76 percent, at the same time, top line results fell short of analysts by $ 38.62 million or 3.14 percent.
Stock Performance
According to the previous trading day, closing price of WU was $ 21.56, representing a 23.98 % increase from the 52 week low of $ 17.39 and a 24.22 % decrease over the 52 week high of $ 28.45.
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The company has a market capital of $ 9.12 billion and is part of the Financial Services sector and Credit Services industry.
The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.
