Wendy’s/Arby’s Group, Inc. (NYSE: WEN), the parent company of Wendy’s International, Inc. (Wendy’s) and Arby’s Restaurant Group, Inc. (Arby’s), announced the declaration of its next regular quarterly cash dividend of $0.015 per share, payable on March 30, 2009 to Wendy’s/Arby’s Group, Inc. stockholders of record as of March 20, 2009.
Here’s the summary of Wendy’s / Arby’s Group, Inc. (NYSE:WEN) common stock for the week of October 20-24, 2008. The stock lost $0.04, or 1.25%, from the previous weeks’ close of $3.20 (See chart).
Performance for October 20-24, 2008
| Monday | Tuesday | Wednesday | Thursday | Friday | |
| Opening Price | $3.24 | $3.58 | $3.08 | $3.15 | $2.77 |
| Last Trade | $3.63 | $3.16 | $3.11 | $2.99 | $3.16 |
| Price Change | $0.43 | $-0.47 | $-0.05 | $-0.12 | $0.17 |
| % Change | 13.44% | -12.95% | -1.58% | -3.86% | 5.69% |
| Day’s High | $3.64 | $3.60 | $ 3.29 | $3.18 | $ 3.22 |
| Day’s Low | $3.12 | $3.12 | $3.03 | $ 2.88 | $2.72 |
| Volume | 3,620,295 | 3,991,767 | 3,372,488 | 2,471,096 | 3,312,891 |
SEC Filings for October 20-24, 2008
Wendy’s / Arby’s Group, Inc. News
Here’s the summary of Wendy’s / Arby’s Group, Inc. (NYSE:WEN) common stock for the week of October 13-17, 2008. The stock lost 20% from the previous weeks’ close of $4.00 (See chart).
Performance for October 13-17, 2008
| Monday | Tuesday | Wednesday | Thursday | Friday | |
| Opening Price | $4.22 | $4.28 | $3.83 | $3.31 | $3.30 |
| Last Trade | $4.15 | $3.89 | $3.30 | $3.42 | $3.20 |
| Price Change | $-0.07 | $-0.39 | $-0.53 | $0.11 | $-0.22 |
| % Change | -1.66% | -9.11% | -13.84% | 3.32% | -6.43% |
| Day’s High | $4.31 | $4.30 | $3.88 | $3.62 | $3.53 |
| Day’s Low | $3.97 | $3.66 | $3.15 | $2.91 | $3.20 |
| Volume | 3,618,500 | 3,818,800 | 6,443,900 | 11,203,400 | 5,455,872 |
SEC Filings for October 13-17, 2008
| Date | Form | |
| 10/14/2008 | 15-12B |
Wendy’s / Arby’s Group, Inc. News
As I mentioned earlier, I am now an official player in the stock market. I now have a vested interest in both “Main Street” and “Wall Street”. So I thought I’d share what I’m invested in and why. But first…
What: Wendys/Arbys Group Inc (NYSE:WEN)
When: Wednesday, October 8th, 2008
Why: My family frequents Wendy’s and/or Arby’s at least once a week on average. My kids will think it’s cool that we own part of both. And now I can have some say as a stock holder (as small as it is) as to what my thoughts are on the switch from Coca-Cola to Pepsi at Arby’s a while back and questioning why Wendy’s keeps tinkering with the Super Value Menu pricing and if they’re going to offer yogurt for the kids.
Personal Overview: On September 29, 2008, Wendy’s and Arby’s (Triarc) officially merged. In the midst of this there were what basically came down to stock splits on each side. This coupled with the recent decrease in the stock market overall sent stock prices lower (if I’m doing my math right in accounting for the split of 4.25, it’s really down about 13% since the merger). As I write this the price is hovering in “penny stock” territory which does put it in the risky category.
Personal Expectations: Six months to a year from now I am hoping that this is trading above the most recent (10/8/2008) closing price of $4.00 per share and that there are some dividends thrown in as well (update: dividends don’t appear to be in the plan). But unless the price increases greatly, this stock will be sitting in my portfolio for some time.
Best of luck to you as well…fellow WordPress...
