The Western Union Company (WU) To Go Ex-Dividend on June 16th

The Western Union Company (NYSE:WU) declared a quarterly dividend on Thursday, May 14th. Investors of record on Tuesday, June 16th will be given a dividend of 0.235 per share by the credit services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.4%. The ex-dividend date of this dividend is Tuesday, June 16th.

Western Union has raised its dividend by an average of 0.0%annually over the last three years. Western Union has a payout ratio of 50.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Western Union to earn $1.93 per share next year, which means the company should continue to be able to cover its $0.94 annual dividend with an expected future payout ratio of 48.7%.

Western Union Trading Up 3.3%

NYSE WU opened at $7.57 on Friday. The company has a debt-to-equity ratio of 2.88, a current ratio of 1.11 and a quick ratio of 1.11. The firm’s fifty day moving average price is $8.60 and its 200 day moving average price is $9.10. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of 5.56, a price-to-earnings-growth ratio of 0.96 and a beta of 0.46. Western Union has a 12 month low of $7.24 and a 12 month high of $10.35.

Western Union (NYSE:WU) last posted its earnings results on Friday, April 24th. The credit services provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.15). The company had revenue of $963.50 million during the quarter, compared to analysts’ expectations of $1.06 billion. Western Union had a net margin of 10.88% and a return on equity of 55.94%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same period last year, the business earned $0.41 earnings per share. Western Union has set its FY 2026 guidance at 1.750-1.850 EPS. On average, sell-side analysts expect that Western Union will post 1.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of Western Union from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. Seven analysts have rated the stock with a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Western Union presently has a consensus rating of “Reduce” and a consensus price target of $8.82.

Western Union Company Profile

Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. The company enables individuals and businesses to send and receive money through a variety of channels, including its vast agent network, online platforms, and mobile applications. Core services include person-to-person money transfers, business-to-business cross-border payments, bill payment services and prepaid card programs.

Through its digital offerings, Western Union provides customers with the ability to initiate transfers via its website and mobile app, as well as track transactions in real time.