Western Union 2013 Annual Report Download - page 163
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2013 FORM 10-K
53
Dividend Policy and Share Repurchases
During 2013, the Board of Directors declared quarterly cash dividends of $0.125 per common share payable on December
31, 2013, September 30, 2013, June 28, 2013 and March 29, 2013. During 2012, the Board of Directors declared quarterly cash
dividends of $0.125 per common share payable on December 31, 2012, and $0.10 per common share payable on October 8, 2012,
June 29, 2012 and March 30, 2012. The declaration or authorization and amount of future dividends or share repurchases will be
determined by the Board of Directors and will depend on our financial condition, earnings, available U.S. cash, capital requirements,
regulatory constraints, industry practice and any other factors that the Board of Directors believes are relevant. As a holding
company with no material assets other than the capital stock of our subsidiaries, our ability to pay dividends or repurchase shares
in future periods will be dependent primarily on our receiving dividends from our operating subsidiaries. Several of our operating
subsidiaries are subject to financial services regulations and their ability to pay dividends may be restricted.
On February 21, 2014, the Board of Directors declared a quarterly cash dividend of $0.125 per share payable on March 31,
2014.