date:Jan 29, 2013
ession (see below).
In other words, in order for the dividend to have been raised during the tumultuous economic times of 2008-2010, and the payout percentage to have remained pretty constant, Yum! had to actually make more money during the recession than it had before.
Yum! is attractively valued, especially considering its international growth potential. The stock is currently trading for approximately 20 times 2012s expected earnings per share of $3.24. Those earnings are projected to g