Company: The Wendy’s Company (WEN)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: The WendyÕs Company is the second-largest burger quick-service restaurant, or QSR, chain in the United States by systemwide sales, with $12.3 billion in 2023, narrowly edging Burger King ($11.5 billion) and clocking in well behind wide-moat McDonaldÕs ($53.1 billion). After divestitures of Tim Hortons (2006) and ArbyÕs (2011), the firm manages just the burger banner, generating sales across a footprint that spanned almost 7,157 total stores in 30 countries as of year-end 2023. WendyÕs generates revenue from the sale of hamburgers, chicken sandwiches, salads, and fries throughout its company-owned footprint, through franchise royalty and marketing fund payments remitted by its franchisees, which account for 94% of stores, and through franchise flipping and advisory fees. -Morningstar.com-
Symbol: WEN
Recent Price: $16.83
Dividends: $1.00
Yield: 5.94%
Sector: Consumer Cyclical
Industry: Restaurants
Address & Company Phone #: One Dave Thomas Boulevard Dublin OH 43017, 614-764-3100
Transfer Agent: Equiniti Group plc. 888-326-5102
Moody’s Rating: B3
Minimum & Maximum Investment: $25 – $1,000,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: 5% of amount invested up to $3 Max Cash: $3+12¢/sh. Cert: $0 Sells: by Phone, Mail, Fax or Internet for $15+12¢/sh.
52 Week High & Low: $23.90, $17.64