Owners of Wendy's (NASDAQ: WEN) shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $6.03 as of 9:36 a.m. ET, the dividend yield is 2.6%.

The average volume for Wendy's has been 4.3 million shares per day over the past 30 days. Wendy's has a market cap of $2.4 billion and is part of the leisure industry. Shares are up 29.4% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

The Wendy's Company, through its subsidiaries, operates and franchises Wendy's quick service restaurants. The company engages in operating, developing, and franchising a system of distinctive quick-service restaurants in North America and internationally. The company has a P/E ratio of 306.00.

TheStreet Ratings rates Wendy's as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Wendy's Ratings Report now.

If you liked this article you might like

WestRock Is a Hot Stock to Buy Now

Analysts' Actions -- Apple, Aetna, DineEquity, Silgan and More

Analysts' Actions -- Anadarko, Biogen, VeriFone, Ralph Lauren and More

3 Stocks Going Ex-Dividend Tomorrow: SLGN, GPI, AVY

Silgan (SLGN) Stock Rated ‘Outperform’ at BMO Capital