Wendy's Stock To Go Ex-dividend Tomorrow (WEN)

NEW YORK ( TheStreet) -- The ex-dividend date for Wendy's (Nasdaq: WEN) is tomorrow, February 27, 2014. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $10.22 as of 9:50 a.m. ET, the dividend yield is 2%.

The average volume for Wendy's has been 8.1 million shares per day over the past 30 days. Wendy's has a market cap of $3.92 billion and is part of the services sector and leisure industry. Shares are up 14.6% year to date as of the close of trading on Tuesday.

The Wendy's Company, through its subsidiaries, owns and franchises Wendy's restaurant system. It engages in operating, developing, and franchising a system of distinctive quick-service restaurants.

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

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