The Western Union Company (NYSE:WU) Announces $0.24 Quarterly Dividend

The Western Union Company (NYSE:WU) announced a quarterly dividend on Thursday, May 14th. Shareholders of record on Tuesday, June 16th will be paid a dividend of 0.235 per share by the credit services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 11.3%. The ex-dividend date is Tuesday, June 16th.

Western Union has raised its dividend by an average of 0.0%per year over the last three years. Western Union has a payout ratio of 50.8% meaning its dividend is sufficiently covered by earnings. 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 Trading Down 0.1%

WU stock traded down $0.01 during midday trading on Friday, reaching $8.31. 3,227,202 shares of the company traded hands, compared to its average volume of 8,754,552. Western Union has a 52-week low of $7.85 and a 52-week high of $10.35. The company has a debt-to-equity ratio of 2.88, a quick ratio of 1.11 and a current ratio of 1.11. The business has a 50 day moving average of $9.13 and a 200-day moving average of $9.24. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 6.12, a P/E/G ratio of 1.08 and a beta of 0.50.

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

Insider Transactions at Western Union

In other Western Union news, insider Benjamin Carlton Adams sold 19,924 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $9.23, for a total value of $183,898.52. Following the completion of the transaction, the insider owned 234,689 shares in the company, valued at approximately $2,166,179.47. This represents a 7.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Giovanni Angelini sold 6,000 shares of the stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $9.47, for a total transaction of $56,820.00. Following the completion of the transaction, the insider owned 311,292 shares of the company’s stock, valued at $2,947,935.24. This trade represents a 1.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 3.29% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Western Union in the first quarter valued at approximately $11,698,000. Compound Planning Inc. boosted its stake in shares of Western Union by 31.3% during the 1st quarter. Compound Planning Inc. now owns 22,680 shares of the credit services provider’s stock valued at $198,000 after buying an additional 5,408 shares during the period. Sei Investments Co. boosted its stake in shares of Western Union by 5.4% during the 1st quarter. Sei Investments Co. now owns 915,992 shares of the credit services provider’s stock valued at $7,996,000 after buying an additional 46,720 shares during the period. State of Wyoming acquired a new stake in shares of Western Union during the 1st quarter valued at $64,000. Finally, Cetera Investment Advisers boosted its stake in shares of Western Union by 9.8% during the 1st quarter. Cetera Investment Advisers now owns 225,206 shares of the credit services provider’s stock valued at $1,966,000 after buying an additional 20,190 shares during the period. 91.81% of the stock is currently owned by institutional investors.

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.