(Updates with the latest stock price movement in the headline and the first paragraph and dividend information in the last paragraph.)
Yum! Brands (YUM) shares were up 8.4% in recent Thursday trading after the company reported Q4 earnings ahead of market expectations and raised its quarterly dividend.
The company reported Q4 earnings excluding special items of $1.61 per diluted share, up from $1.26 a year earlier.
Analysts polled by FactSet expected non-GAAP EPS of $1.60.
Revenue for the quarter ended Dec. 31 was $2.36 billion, up from $2.04 billion a year earlier.
Analysts surveyed by FactSet expected $2.36 billion.
The company's board increased its quarterly dividend by 6% to $0.71 per share, payable March 7 to shareholders of record at the close of business Feb. 21.
Price: 142.23, Change: +10.98, Percent Change: +8.36
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