Dividends4Life: Wendy's Growth Leaves McDonald's and Burger King Hungry

Dividend Growth Stocks News

Maybe Americans are hungry for more beef and less bun these days. Wendy's (NASDAQ: WEN), famous for its square burgers, is showing impressive sales growth in North America. This comes at a time when McDonald's (NYSE: MCD) and its triple-bun Big Mac, along with Burger King Worldwide (NYSE: BKW) and its triple-bun Big King, are showing anemic same-store sales growth.

Wendy's currently pays a $0.05-per-share quarterly dividend and it is also buying back shares. This is a significant portion of adjusted EPS for the quarter, which suggests that management firmly believes much higher same-store sales and EPS are on the way. For the full year 2013, Wendy's expects adjusted EPS to be $0.25 in total. Wendy's guided for "strong same-store sales in the fourth quarter."

Source: Motley Fool

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