$The Western Union (WU.US)$ Western Union Announces New $1 Billion Share Repurchase Program and $0.235 Quarterly Dividend Friday, 13th December at 4:05 pm The Western Union Company (NYSE: WU) announced today that its Board of Directors approved a new $1 billion authorization for the Company to repurchase its common stock and declared a quarterly cash dividend of $0.235 per common share. The dividend will be payable December 31, 2024, to stockholders of record at the close of business on Decem...
$The Western Union (WU.US)$fell some 7% after hours Tuesday after the money-order company missed analyst estimates for Q2 earnings per share despite scoring a revenue beat. WU shed 7.6% to $11.98 shortly before 5 p.m. ET after disclosing $0.44 EPS, slightly trailing to $0.45 that published reports said analysts had expected. However, Western Union did beat analysts' consensus estimates for revenues, which came in at $1.07 billion vs. the $1.06 bil...
Western Union's low P/E ratio is justified due to its weaker growth, particularly compared to the broader market. Continuing shrinking earnings may challenge even maintaining this low P/E. Investor sentiment doesn't anticipate significant earnings improvement to drive a higher P/E ratio.
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Western Union Announces New $1 Billion Share Repurchase Program and $0.235 Quarterly Dividend
Friday, 13th December at 4:05 pm
The Western Union Company (NYSE: WU) announced today that its Board of Directors approved a new $1 billion authorization for the Company to repurchase its common stock and declared a quarterly cash dividend of $0.235 per common share. The dividend will be payable December 31, 2024, to stockholders of record at the close of business on Decem...
WU shed 7.6% to $11.98 shortly before 5 p.m. ET after disclosing $0.44 EPS, slightly trailing to $0.45 that published reports said analysts had expected.
However, Western Union did beat analysts' consensus estimates for revenues, which came in at $1.07 billion vs. the $1.06 bil...
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