The Wendy's Company
WENConsumer Cyclical · Stock · quarterly payer
Forward Yield
7.22%
Annual Dividend
$0.56
Payout Ratio
73%
5-Yr Growth
19.8%
Ex-Date
Jun 1, 2026
Frequency
Quarterly
Summary
As of July 2026, The Wendy's Company (WEN) yields 7.22% ($0.56 per share annually), with a blended fair-value estimate of $22.10 — +185% upside, so it screens as undervalued. Dividend safety grade: D (42/100).
Is WEN a good dividend stock?
MixedThe Wendy's Company (WEN) pays a quarterly dividend yielding 7.22% ($0.56/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 19.8% 5-yr dividend growth
Risks
- Cut its dividend in 2025
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 7.22%
- Payout Ratio
- 73%
- Annual Dividend
- $0.56
- 5-Yr Avg Growth
- 19.8%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.37
- Market Cap
- $1.5B
- P/E Ratio
- 10.1
- 5-Yr Total Return
- -66%
- 52-Week Range
- $6.07 – $12.00
- Dividend Safety
- D · 42/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
WEN Price — Last 12 Months
Daily close
Price Return
1 Year
-27%
3 Years
-61%
5 Years
-66%
52-Week Range
$6.07 – $12.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WEN worth?
Undervaluedlow confidenceOur blended fair-value estimate for The Wendy's Company is $22.10 per share, versus a market price of $7.76. That implies 185% of upside — a margin of safety of about 65%.
Fair Value
$22.10
Current Price
$7.76
Upside
+185%
Margin of Safety
65%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 0.5% annual free-cash-flow growth. We model 11.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 11.3% stage-1 growth, 2.5% terminal growth, $0.77 EPS, $0.56 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WEN Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.1400 | regular |
| Mar 2, 2026 | — | $0.1400 | regular |
| Dec 1, 2025 | — | $0.1400 | regular |
| Sep 2, 2025 | — | $0.1400 | regular |
| Jun 2, 2025 | — | $0.1400 | regular |
| Mar 3, 2025 | — | $0.2500 | regular |
| Dec 2, 2024 | — | $0.2500 | regular |
| Sep 3, 2024 | — | $0.2500 | regular |
| Jun 3, 2024 | — | $0.2500 | regular |
| Feb 29, 2024 | — | $0.2500 | regular |
| Nov 30, 2023 | — | $0.2500 | regular |
| Aug 31, 2023 | — | $0.2500 | regular |
| May 31, 2023 | — | $0.2500 | regular |
| Feb 28, 2023 | — | $0.2500 | regular |
Income Calculator
At $0.56 / yr per share
