UPDATE: Wendy's Posts Q2 Profit, Lifts Dividend By 25%
July 23, 2013 at 09:21 AM EDT
Wendy's Co (NYSE: WEN ) posted a profit in the second quarter. Wendy's board also approved a 25% rise in its quarterly dividend. Wendy's posted a quarterly profit of $12.2 million, or $0.03 per share, versus a year-ago loss of $5.5 million, or a penny per share. Excluding one-time