Moody's: Yum! unchanged

Moody's Investors Service said it said that the ratings and outlook for Yum! Brands, Inc. will not be affected by the company's announcement that it will increase its quarterly dividend to $0.25 per share for an aggregate payout of about $470 million annually.

The last rating action on YUM occurred on Aug. 20, when Moody's said it lowered the non-guaranteed senior unsecured ratings to Baa3 from Baa2 and the guaranteed senior unsecured bank facility rating to Baa2 from Baa1.

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