The Western Union Company (NYSE:WU – Get Free Report) announced a quarterly dividend on Monday, August 3rd. Investors 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) dividend on an annualized basis and a yield of 13.2%. The ex-dividend date of this dividend is Wednesday, September 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% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Western Union to earn $1.92 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 49.0%.
Western Union Trading Up 9.1%
NYSE WU traded up $0.59 on Tuesday, hitting $7.14. 19,039,458 shares of the stock were exchanged, compared to its average volume of 9,156,516. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a fifty day moving average price of $7.76 and a two-hundred day moving average price of $8.72. The firm has a market capitalization of $2.23 billion, a P/E ratio of 5.81, a P/E/G ratio of 1.09 and a beta of 0.46. Western Union has a 52-week low of $6.27 and a 52-week high of $10.35.
Key Western Union News
Here are the key news stories impacting Western Union this week:
- Positive Sentiment: Stablecoin expansion provides a potential growth catalyst. Western Union and Rain launched Stablecard, a digital wallet and USDPT-backed Visa secured credit card that lets users hold, transfer and spend dollar value globally at Visa merchants and ATMs. The initiative expands Western Union beyond traditional money transfers and could support growth in digital and consumer financial services. Western Union Launches Stablecard in Partnership with Rain
- Positive Sentiment: Dividend appeal remains significant. The board declared a quarterly dividend of $0.235 per share, payable September 30 to shareholders of record on September 16. The annualized payout of approximately $0.94 represents a stated yield of about 13.1%, which may attract income-focused investors. Western Union Announces $0.235 Quarterly Dividend
- Neutral Sentiment: The stablecoin launch could improve Western Union’s competitive position and broaden its product offering, but the financial contribution and adoption rate have not yet been disclosed.
- Negative Sentiment: Recent quarterly results remain a major overhang. Western Union’s earnings missed consensus estimates as weakness in consumer money-transfer retail activity and higher expenses pressured margins. Revenue also declined year over year, despite growth in digital and consumer services. Western Union Q2 Earnings Miss Estimates on CMT Retail Weakness
- Negative Sentiment: Analysts have reduced their expectations. Cantor Fitzgerald lowered its price target to $7 and assigned an underweight rating, while Royal Bank of Canada and Susquehanna cut their targets to $8, reflecting concerns about near-term growth and operating performance.
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.
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