Wendy's is staying the course, but a billionaire wants to change that
Key takeaways
- Twenty years ago, the company's stock began to plummet, spending most of 2008 to 2012 in dire straits.
- For most Wendy's investors, that might not necessarily be so bad.
- However, that might all change soon if billionaire Nelson Peltz gets his way.
Wendy's is staying the course, but a billionaire wants to change that Avril Ayers Sat, May 16, 2026 at 8:33 PM GMT+7 3 min read WEN The last few years haven't been great for fast-food giant Wendy's, which shared in February that it planned to close 5%-6% of its locations in 2026.
Twenty years ago, the company's stock began to plummet, spending most of 2008 to 2012 in dire straits. Starting in 2013, though, it started a steady climb that lasted until the end of 2021. Since then, the stock has been on its way back down, and on May 5, it hit its lowest price of the year at $6.37.
For most Wendy's investors, that might not necessarily be so bad. Wendy's stock pays a dividend, and a pretty high one at that, with a forward annual rate of 6.91%. The stock might not be doing its best, but if you've been holding the stock for all 20 of those years, you've earned a steady stream of quarterly dividends the whole time.