The Western Union Company (WU) to Issue Quarterly Dividend of $0.23 on September 30th

The Western Union Company (NYSE:WU) declared a quarterly dividend on Monday, August 3rd. Stockholders 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 13.6%. The ex-dividend date is Wednesday, September 16th.

Western Union has increased its dividend by an average of 0.0%annually over the last three years. Western Union has a payout ratio of 50.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Western Union to earn $1.54 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 61.0%.

Western Union Trading Down 0.1%

Shares of WU opened at $6.92 on Monday. Western Union has a 12-month low of $6.27 and a 12-month high of $10.35. The firm has a market capitalization of $2.16 billion, a P/E ratio of 5.63 and a beta of 0.50. The firm has a 50-day moving average price of $7.52 and a 200 day moving average price of $8.23. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 2.95.

Western Union (NYSE:WU) last posted its earnings results on Thursday, July 30th. The credit services provider reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.11). The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.02 billion. Western Union had a net margin of 9.79% and a return on equity of 50.89%. The business’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.37 earnings per share. Western Union has set its FY 2026 guidance at 1.250-1.350 EPS. Sell-side analysts forecast that Western Union will post 1.29 EPS for the current year.

Institutional Trading of Western Union

A number of large investors have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB boosted its holdings in Western Union by 606.7% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 3,265 shares of the credit services provider’s stock valued at $26,000 after purchasing an additional 2,803 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in shares of Western Union by 179.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,341 shares of the credit services provider’s stock worth $31,000 after buying an additional 2,146 shares in the last quarter. Ascentis Independent Advisors purchased a new position in shares of Western Union during the 1st quarter worth approximately $30,000. Danske Bank A S acquired a new stake in shares of Western Union in the 3rd quarter valued at approximately $37,000. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of Western Union in the fourth quarter valued at approximately $43,000. Institutional investors and hedge funds own 91.81% of the company’s stock.

Western Union Company Profile

Western Union Company (NYSE:WU) is a global provider of money movement and payment services. The company enables consumers and businesses to send and receive money across borders and within individual markets through digital platforms, mobile applications and a network of retail agent locations.

Its services include consumer money transfers, international remittances, bill payments and money orders. Customers can typically initiate transfers online, through the Western Union app or at participating retail locations, with recipients able to collect funds in cash or receive them through eligible bank accounts, digital wallets or other payment methods, depending on the destination market.

Western Union traces its origins to 1851, when it was established as a telegraph company in the United States.