Western Union board announces quarterly dividend of 6 cents per share

Western Union sets dividend of 6 cents per share

ENGLEWOOD, Colo. — Western Union Co. said Thursday its board of directors declared a quarterly cash dividend of 6 cents per share.

The global payment services company said the dividend is payable March 31 to shareholders of record on March 19.

The payout is in line with the company’s December announcement that its board had authorized boosting Western Union ’s annual dividend six-fold, to 6 cents per share each quarter, up from 4 cents per share for the year.

Western Union announced the latest dividend after its shares slipped 4 cents to close at $15.96.