From a Seeking Alpha Article on 12/12/12:
The Wendy's Company (WEN) is Peltz's fifth largest 13F holding and made up 10% of his firm's 13F portfolio last quarter.
Wendy's pays a 3.4% dividend yield and has made decent strides of late to take market share from McDonald's with a focus
on premium ingredients. Wendy's has seen big swings in its last few quarterly earnings reports, but it still expects to
remain on target in 2013, as it plans to continue its restaurant-remodeling program. Wendy's also expects to maintain a
healthy capital structure, one that has allowed the fast food chain to double its quarterly dividend to 4 cents, while
announcing a $100 million share buyback program.
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