WEN: Can We Get A Pulse?

Wendy’s (WEN) just announced it would be doubling its dividend and initiating a $100 million stock repurchase program. While that’s nice for existing shareholders of record, the truth is that the company has better uses for that amount of cash. WEN’s stock fell in 2007 through 2008 and has flatlined since. This stock is in dire need of some kind of boost as it continues to trade in a tight range year-after-year.

WEN: Can We Get A Pulse? - WENDYS