The Western Union Company (NYSE:WU) will begin trading ex-dividend on September 15, 2020. The quarterly dividend payment of $ 0.225 per share is scheduled to be paid on September 30, 2020. The dividend yield based on the latest trading day closing price was 4.06 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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The Western Union Company recently reported first quarter financial results on May 5, 2020, after market close, the Denver based company came out with income for the first quarter of $ 0.44 per share, from the revenue of $ 1,190.00 million. The quarterly earnings developed 7.32 percent compared with the same quarter last year. According to street consensus, WU was expected to report 1Q20 income of $ 0.42 per share from revenue of $ 1228.62 million. 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
Shares of The Western Union Company traded low $ -0.50 or -2.20 percent on Thursday, reaching $ 22.19 with volume of 3.70 million shares. The Western Union Company has traded high as $ 22.87 and has cracked $ 22.15 on the downward trend
According to the previous trading day, closing price of $ 22.19, representing a 30.48 % increase from the 52 week low of $ 17.39 and a 20.25 % decrease over the 52 week high of $ 28.45.
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.
