Yum Brands, Inc., (YUM) Founded in 1997, headquartered in Louisville, Kentucky, Yum Brands, Inc., operates as a quick-service restaurant. The operates more than 36,000 restaurants in over 110 countries and territories and more than 1 million associates. The Yum system includes three operating segments, U. S., International (Yum Restaurants International), and China Division (includes mainland China, Thailand and KFC Taiwan). The company operates under the KFC, Pizza Hut, Taco Bell, Long John Silver, A&W & WingStreet, restaurant brands.
On Wednesday, September 30, 2009, the company announced that it is increasing its quarterly cash dividend by 2 cents to 21 cents per share, payable on November 6, 2009 to shareholders of record as of October 16, 2009.
Yum Brands, posted better than expected results in four of last four quarters. Market is expecting a profit of 58 cents per share for the quarter ended September 2009. The company posted 58 cents profit per share in the same quarter a year ago.
YUM is in my BUY watch list for short term trading. Earnings for the quarter ended September 2009, is scheduled to be released on Tuesday October 6, 2009, after the market close.
