Yum! Brands Inc. Declares Quarterly Dividend of $0.335 Per Share

  Yum! Brands Inc. Declares Quarterly Dividend of $0.335 Per Share

Business Wire

LOUISVILLE, Ky. -- March 22, 2013

Yum! Brands Inc. (NYSE: YUM) Board of Directors today declared a dividend of
$0.335 per share of common stock. The quarterly dividend will be distributed
May 3, 2013, to shareholders of record at the close of business on April 12,
2013. Since initiating a dividend in 2004, Yum! has increased its dividend at
a double-digit percentage rate each of the past eight years, placing Yum! in a
select group of companies from the S&P 500 to do so.

Yum!’s first priority with the operating cash it generates is to invest in
high-return global growth opportunities. In addition, Yum! is committed to
returning significant cash to shareholders. The Company has returned $5.8
billion of cash through the combination of share repurchases and dividends
over the past five fiscal years.

Yum! Brands, Inc., based in Louisville, Kentucky, is the world’s largest
restaurant company in terms of system restaurants with over 39,000 restaurants
in more than 125 countries and territories. Yum! was ranked #213 on the
Fortune 500 List for 2011 and had revenues of over $13 billion in 2012. The
Company’s restaurant brands - KFC, Pizza Hut and Taco Bell - are the global
leaders of the chicken, pizza and Mexican-style food categories. Outside the
United States, the Yum! Brands system opened over five new restaurants each
day of the year, making it a leader in international retail development. The
Company has consistently been recognized for its reward and recognition
culture, diversity leadership, community giving, and consistent shareholder
returns.

Contact:

Yum! Brands Inc.
Analysts are invited to contact:
Steve Schmitt, 888-298-6986
Vice President Investor Relations
or
Diane Simrall, 888-298-6986
Manager Investor Relations
or
Members of the media are invited to contact:
Amy Sherwood, 502-874-8200
Vice President Public Relations