The Western Union Company(NYSE:WU) Declares Dividend of $0.1600.

The Western Union Company (NYSE:WU) had declared a cash dividend of $0.1600 on Jul 14, 2016. The shares will quote ex-dividend on Sep 14, 2016 and the record date has been fixed for Sep 16, 2016. On Jul 14, 2016 share price, the yield comes out to be 3.2177%. The dividend payable date has been fixed on Sep 30, 2016.

In a different note, On Jul 7, 2016, Barclays said it Downgrades its rating on The Western Union Company. The shares have been rated ‘Underweight’ by the firm.

The Western Union Company (WU) remained unchanged at the close of Monday session. Even as the volume increased to 21,16,753 ,the shares failed to make any impression and ended at 0 points or 0.00% at $20.13. The trading session commenced at $20.13 and the stock hit a high of $20.2 and touched $20.09 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $20.62 and the 52-week low is $16.02. The company has a market cap of $9,887 M and has approximately 49,11,36,640 outstanding shares.

The Western Union Company(WU) last announced its earnings results on May 3, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $1.30B. Analysts had an estimated revenue of $1.31B. Earnings per share were $0.37. Analysts had estimated an EPS of $0.38.

Several Insider Transactions has been reported to the SEC. On Apr 21, 2016, Amintore Schenkel (Chief Acct. Officer) sold 28,816 shares at $20.13 per share price.Also, On Apr 12, 2016, Odilon Almeida (EVP & Pres, Americas & Europe) sold 2,014 shares at $19.58 per share price.On Feb 18, 2016, Richard L Williams (EVP & Chief Human Res. Ofcr.) purchased 300 shares at $17.84 per share price, according to the Form-4 filing with the securities and exchange commission.

The Western Union Company (Western Union) is a global provider of money movement and payment services. The Company classifies its businesses into three: Consumer-to-Consumer Consumer-to-Business and Business Solutions. The Consumer-to-Consumer operating segment facilitates money transfers between two consumers primarily through a network of third-party agents. The Consumer-to-Business operating segment facilitates bill payments from consumers to businesses and other organizations including utilities auto finance companies mortgage servicers financial service providers government agencies and other businesses. The Consumer-to-Business payments services are available through a variety of services that include Speedpay Pago Facil and Western Union Payments. The Business Solutions operating segment facilitates payment and foreign exchange solutions primarily cross-border cross-currency transactions for small and medium size enterprises and other organizations and individuals.

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