Wendy’s (NASDAQ:WEN) to Slash Dividend, Releasing Approximately $53 Million as U.S. Sales Fall Behind Other Burger Chains
Wendy’s Company withdrew its outlook for 2026 on Friday and reduced its quarterly dividend by 50% to seven cents. The decision prioritizes cash retention over payouts to income investors as U.S. customer traffic declines. The stock was little changed at $7.39 by 9:50 a.m. EDT, after starting the session at $7.08.
