LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) Board of Directors declared a dividend of $0.46 per share of common stock. The quarterly dividend will be distributed May 6, 2016 to shareholders of record at the close of business on April 15, 2016. Since initiating a dividend in 2004, Yum! has increased its dividend at a double-digit percentage rate each of the past eleven years, placing Yum! in a select group of companies from the S&P 500 to do so.
Yum! Brands, Inc., based in Louisville, Kentucky, has nearly 43,000 restaurants in more than 130 countries and territories. Yum! is ranked #228 on the Fortune 500 List with revenues of over $13 billion in 2015 and is one of the Aon Hewitt Top Companies for Leaders in North America. The Company's restaurant brands - KFC, Pizza Hut and Taco Bell - are the global leaders of the chicken, pizza and Mexican-style food categories. Worldwide, the Yum! Brands system opens over six new restaurants per day on average, making it a leader in global retail development.