Wednesday, April 16 2014 10:54 PM EDT2014-04-17 02:54:16 GMT
LOUISVILLE, Ky. (WDRB) --The Rangers are the Army's most elite soldiers who are put into some of the most dangerous situations in Afghanistan. In a story you'll only see on WDRB we got a rare look atMore >>
The Army Rangers choose Fort Knox as the location to prepare for the 3rd Battalion's 20th deployment to Afghanistan.More >>
Follow the WDRB Newsroom, Reporters and Anchors.More >>
Tweets from the WDRB Newsroom, Reporters and Anchors.More >>
LOUISVILLE, Ky. (AP) -- Yum Brands, which owns the Taco Bell, Pizza Hut and KFC chains, is raising its dividend 18 percent, the eighth straight year that the fast-food company has raised its payout to shareholders by a double-digit percentage.
The dividend, payable Nov. 2 to shareholders of record on Oct. 12, will rise to 33.5 cents from 28.5 cents.
CEO David Novak says the company's dividend has more than doubled over the past five years.
Companies often spend their cash gained from strong performances on shareholder dividends or stock buybacks. Yum's revenue grew by nearly a third in the five years through 2011. The Louisville, Ky., company has nearly 38,000 restaurants around the world.
Shares fell 8 cents to $67.75 in afternoon trading. The stock is up 15 percent in 2012.