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A cash dividend is a direct payment from a company to its shareholders, drawn from profits or retained earnings on the balance sheet.
WEN has declared one at $0.07 per share under its quarterly distribution schedule, with payment set for September 15, 2026.
What the September 1 dates mean Two dates on this declaration share the same calendar day: the ex-dividend date and the record date, both falling on September 1, 2026. They serve different functions.
The ex-dividend date is the market cutoff. Buy WEN shares on that date or later and the company does not owe you this payment, regardless of how long you hold afterward.
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