Yum! Brands, Inc. Announces 11% Increase in Quarterly Dividend, Marking Tenth Consecutive Double-Digit Percentage Increase

September 10, 2014

Yum! Brands, Inc. (NYSE: YUM) announced that its Board of Directors approved an 11% increase in the Company’s quarterly dividend. The quarterly cash dividend will increase from $0.37 to $0.41 per share and will be effective with the dividend payment to be distributed on November 7, 2014 to shareholders of record at the close of business on October 17, 2014. This increase raises the annual dividend rate to $1.64 per share.