Wingstop to pay second special dividend this year, borrow $320 million

Wingstop Inc.
WING,
+2.17%
said late Wednesday it had borrowed $320 million and planned a $3.05-a-share special dividend. Wingstop stock was flat in after-hours trading. The company said the special dividend will be payable on Dec. 3 to stockholders of record as of Nov. 26. The special dividend announced Wednesday is the second the company has paid this year. The first was for $3.17 a share in February. Wingstop stock rose 70% this year, as the S&P 500 index
SPX,
-0.46%
rose 1.1%.

View more information: https://www.marketwatch.com/story/wingstop-to-pay-second-special-dividend-this-year-borrow-320-million-2018-11-14

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