I bought YUM several years ago for its strong portfolio of global brands and long history of dividends. However it has been an underperforming investment due to reoccurring food safety issues in China and other asian countries. I still like this business sector but currently due to their low yield, I am looking elsewhere for better returns.
This sale will result in a $65 loss to my yearly dividend income but I will use proceeds (~$3k include small gain) to get another dividend payer soon. I'm currently looking at potential buys AT&T, UPS, Intel, Royal Dutch Shell, Diageo Plc.
Basic info:
Market CAP: 34B Dividend %: 2
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