Friday, November 9, 2012

Wendys Update (WEN)

Looks like our patience with this Stock Wendys (WEN) is finally beginning to pay off. Yesterday they doubled their Dividend to now yield 3.5%.  Also announced a $100 million share buyback program.  Whole market is down but as of this post they are up almost 3%.  Looks like the store remodeling plan is working with up to 25% increase in the upgraded stores.   I can see $6.50 a share within the next year for this stock.  Good luck investing. Tony

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