NEW YORK (
) -- The ex-dividend date for
) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $5.04 as of 9:30 a.m. ET, the dividend yield is 1.6%.
The average volume for Wendy's has been 5.5 million shares per day over the past 30 days. Wendy's has a market cap of $1.97 billion and is part of the
industry. Shares are up 5.4% year to date as of the close of trading on Friday.
The Wendy's Company operates as a quick-service hamburger company in the United States. The company, through its subsidiary, Wendy's International, Inc., operates as a franchisor of the Wendy's restaurant system.
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TheStreet Ratings rates Wendy's as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full