Yum Brands increases dividend by 14%

Yum Brands Inc. YUM, -0.15% said late Monday its board has declared a dividend of 57 cents a share, representing an increase of 14%. The dividend will be paid on March 11 to shareholders of record on Feb. 18, the parent company of KFC, Pizza Hut and Taco Bell said. Shares of Yum Brands were flat in the extended session after ending the regular trading day down 0.2%.