SmarterDividends
WEN

The Wendy's Company

WEN

Consumer Cyclical · Stock · quarterly payer

Forward Yield

8.30%

Annual Dividend

$0.56

Payout Ratio

73%

5-Yr Growth

18.5%

Ex-Date

Jun 1, 2026

Frequency

Quarterly

WEN Dividend Safety Score

41/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage73% of earnings paid out
Free-cash-flow coverage81% of free cash flow
Balance-sheet strengthDebt/equity of 35.63
Yield vs its historyYield is 2.0× its 5-yr average — elevated

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

Is WEN a good dividend stock?

Higher risk

The Wendy's Company (WEN) pays a quarterly dividend yielding 8.30% ($0.56/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

Advantages

  • Strong 18.5% 5-yr dividend growth

Risks

  • Cut its dividend in 2025
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years
  • Below-average dividend safety score

Key Data

Dividend Yield
8.30%
Payout Ratio
73%
Annual Dividend
$0.56
5-Yr Avg Growth
18.5%
Ex-Dividend Date
Jun 1, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.39
Market Cap
$1.3B
P/E Ratio
8.8
5-Yr Total Return
-71%
52-Week Range
$6.37 – $12.51
Dividend Safety
D · 41/100
Ever Cut?
Yes (2025)
WEN ex-dividend date & scheduleNext ex-date Jun 1, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.56 / yr per share

Per payment (quarterly)$14.00
Annual$56.00
Monthly avg$4.67