Yum! Brands Announces 14% Increase in Quarterly Dividend to $0.285

Yum! Brands Inc. YUM announced that its Board of Directors approved a 14% increase in the company's quarterly dividend. The quarterly cash dividend will increase from $0.25 to $0.285 per share and will be effective with the dividend payment to be distributed on November 4, 2011 to shareholders of record at the close of business on October 14, 2011. This increase raises the annual dividend rate to $1.14 a share.