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 and sub-agents; and offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through websites and mobile devices. The Business Solutions segment provides payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises, other organizations, and individuals; and foreign currency forward and option contracts. It also offers bill payment services that facilitates payments from consumers to businesses and other organizations, as well as offers money order and other services. The company was founded in 1851 and is headquartered in Denver, Colorado.
Western Union Dividend Announcement
• Western Union announced a quarterly dividend of $0.23 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
• Western Union annual dividend for 2024 was $0.70
• Western Union annual dividend for 2023 was $0.94
• Western Union's trailing twelve-month (TTM) dividend yield is 11.06%
• Western Union's payout ratio for the trailing twelve months (TTM) is 48.10%
• Western Union's dividend growth over the last five years (2018-2023) was 4.34% year
• Western Union's dividend growth over the last ten years (2013-2023) was 6.52% year
Western Union Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | $0.23 | quarterly | 2024-09-30 |
2024-06-14 | $0.23 | quarterly | 2024-06-28 |
2024-03-14 | $0.23 | quarterly | 2024-03-29 |
2023-12-19 | $0.23 | quarterly | 2023-12-29 |
2023-09-14 | $0.23 | quarterly | 2023-09-29 |
2023-06-15 | $0.23 | quarterly | 2023-06-30 |
2023-03-16 | $0.23 | quarterly | 2023-03-31 |
2022-12-16 | $0.23 | quarterly | 2022-12-30 |
2022-09-15 | $0.23 | quarterly | 2022-09-30 |
2022-06-15 | $0.23 | quarterly | 2022-06-30 |
2022-03-16 | $0.23 | quarterly | 2022-03-31 |
2021-12-16 | $0.23 | quarterly | 2021-12-31 |
2021-09-15 | $0.23 | quarterly | 2021-09-30 |
2021-06-15 | $0.23 | quarterly | 2021-06-30 |
2021-03-16 | $0.23 | quarterly | 2021-03-31 |
2020-12-18 | $0.23 | quarterly | 2020-12-31 |
2020-09-15 | $0.23 | quarterly | 2020-09-30 |
2020-06-15 | $0.23 | quarterly | 2020-06-30 |
2020-03-16 | $0.23 | quarterly | 2020-03-31 |
2019-12-16 | $0.20 | quarterly | 2019-12-31 |
2019-09-13 | $0.20 | quarterly | 2019-09-30 |
2019-06-13 | $0.20 | quarterly | 2019-06-28 |
2019-03-14 | $0.20 | quarterly | 2019-03-29 |
2018-12-14 | $0.19 | quarterly | 2018-12-31 |
2018-09-13 | $0.19 | quarterly | 2018-09-28 |
2018-06-14 | $0.19 | quarterly | 2018-06-29 |
2018-03-15 | $0.19 | quarterly | 2018-03-30 |
2017-12-15 | $0.17 | quarterly | 2017-12-29 |
2017-09-14 | $0.17 | quarterly | 2017-09-29 |
2017-06-14 | $0.17 | quarterly | 2017-06-30 |
2017-03-15 | $0.17 | quarterly | 2017-03-31 |
2016-12-15 | $0.16 | quarterly | 2016-12-30 |
2016-09-14 | $0.16 | quarterly | 2016-09-30 |
2016-06-14 | $0.16 | quarterly | 2016-06-30 |
2016-03-15 | $0.16 | quarterly | 2016-03-31 |
2015-12-15 | $0.15 | quarterly | 2015-12-31 |
2015-09-14 | $0.15 | quarterly | 2015-09-30 |
2015-06-12 | $0.15 | quarterly | 2015-06-30 |
2015-03-13 | $0.15 | quarterly | 2015-03-31 |
2014-12-12 | $0.12 | quarterly | 2014-12-31 |
2014-09-11 | $0.12 | quarterly | 2014-09-30 |
2014-06-12 | $0.12 | quarterly | 2014-06-30 |
2014-03-13 | $0.12 | quarterly | 2014-03-31 |
2013-12-13 | $0.12 | quarterly | 2013-12-31 |
2013-09-12 | $0.12 | quarterly | 2013-09-30 |
2013-06-12 | $0.12 | quarterly | 2013-06-28 |
2013-03-13 | $0.12 | quarterly | 2013-03-29 |
Western Union Dividend per year
Western Union Dividend growth
Western Union Dividend Yield
Western Union current trailing twelve-month (TTM) dividend yield is 11.06%. Interested in purchasing Western Union stock? Use our calculator to estimate your expected dividend yield:
Western Union Financial Ratios
Western Union Dividend FAQ
Other factors to consider when evaluating Western Union as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Western Union's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Western Union publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Western Union distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Western Union are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Western Union sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Western Union distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Western Union declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Western Union's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Western Union's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.