Yum approves two-for-one stock split

LOUISVILLE Ky. Yum! Brands Inc., parent company to Taco Bell, KFC, Pizza Hut and other brands, said Thursday its board had approved a two-for-one stock split to be paid in the form of a stock dividend, a move that is part of the company's effort to return $1.3 billion to shareholders this year.

The stock split entitles each shareholder of record at the close of business on June 1 to receive one additional share for every outstanding share held. It will be

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