Does Western Union (WU) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Western Union (WU) pays a dividend yielding about 14.78% as of August 2026, paid quarterly, four times a year. The latest payment on record was $0.23 per share, ex-dividend June 16, 2026. The forward annual rate is roughly $0.94 per share, about $1478 a year on a $10,000 position before tax. The payout takes about 76% of earnings. Figures are approximate and dated; verify the current number with your broker.
Does Western Union (WU) pay a dividend?
Yes. Western Union distributes a dividend yielding roughly 14.78% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.23 per share, with an ex-dividend date of June 16, 2026. Annualized, that is about $0.94 per share.
Western Union trades at deep-value multiples (price/sales near 0.6x) that reflect years of revenue erosion and margin compression rather than growth optimism. The very high dividend yield is a defining feature and a debate point: it rewards income holders but also signals market doubt about the durability of earnings. Full-year 2025 revenue was about $4.1 billion with GAAP EPS of roughly $1.52.
WU dividend at a glance
| 2026-06-16 | $0.235 |
| 2026-03-17 | $0.235 |
| 2025-12-22 | $0.235 |
| 2025-09-16 | $0.235 |
| 2025-06-16 | $0.235 |
| 2025-03-17 | $0.235 |
WU dividend data as of August 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with WU's investor relations page before relying on it.
Is the WU dividend covered?
Western Union paid out about 76% of its earnings as dividends, so the dividend takes a large share of earnings. It is covered, but future increases depend more on earnings growth than on stretching the payout further, and a bad year leaves less cushion.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the WU dividend has changed
The latest payment of $0.23 per share compares with $0.23 in the equivalent payment a year earlier (June 16, 2025). That is a change of 0.0% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on WU's investor relations page.
What WU's dividend means for you
- Income: about $1478 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for WU the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How WU dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the WU dividend
Western Union (WU) pays about 14.78%, or roughly $0.94 per share a year. That is a genuine income yield, so the payout is a real part of the case for holding it, and the coverage question above is the one to answer first. For the full picture see the WU guide. Walnut can show how WU fits your real portfolio. It is not an investment adviser.
Investing in Western Union with AI
Connect the broker you already use and ask Walnut's AI how WU fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Western Union (WU) pay a dividend?
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Yes. Western Union pays a dividend yielding roughly 14.78% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.23 per share with an ex-dividend date of June 16, 2026. That works out to a forward annual rate of about $0.94 per share. Yields move with the share price, so verify the current figure with your broker or WU's investor relations page before relying on it.
What is WU's dividend yield?
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About 14.78% as of August 2026. On a $10,000 position that is roughly $1478 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so WU yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does WU pay its dividend?
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Western Union pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of June 16, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on WU's investor relations page, because boards can change both the amount and the timing.
When is WU's ex-dividend date?
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The ex-dividend date recorded in our August 2026 data pull is June 16, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check WU's investor relations page for the next confirmed date.
Has Western Union raised its dividend recently?
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Not in the last year. The latest payment of $0.23 per share is unchanged from the $0.23 paid a year earlier. A flat dividend is not necessarily a warning sign, but it does mean the income is losing ground to inflation.
Is WU's dividend safe?
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Western Union paid out about 76% of its earnings as dividends, so the dividend takes a large share of earnings. It is covered, but future increases depend more on earnings growth than on stretching the payout further, and a bad year leaves less cushion. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in WU?
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At a yield of about 14.78%, roughly $1478 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are WU dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest WU dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each WU payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
How high is the WU dividend yield?
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As of July 2026 the dividend yield is roughly 12%, based on an annual payout of about $0.94 per share. That is well above market averages, which can reflect both an income appeal and market skepticism about earnings durability.
Is the Western Union dividend safe?
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That is the key debate. The company still generates cash and guided to 2026 GAAP EPS of about $1.50 to $1.60, which covers the roughly $0.94 payout. But falling earnings and margin pressure mean investors watch coverage closely, since any change would be material. This is descriptive, not advice.
Walnut is informational, not investment advice. Dividend figures on this page come from a August 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with WU's investor relations page or your broker before acting on them.