%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Western Union (NYSE: $WU ) is a storied U.S. company and a small-cap stock that pays a huge quarterly dividend to its shareholders. Founded in 1851 during the era of the Pony Express, Western Union is best known for its role as a telegraph company in the Old West. Today, Western Union is a multinational financial services company headquartered in Denver, Colorado that people use to transfer money outside their regular bank accounts. In an age of e-commerce, financial technology (fintech) firms, and instant money transfers, Western Union has had a difficult time. The company has undergone several transformations. This has impacted WU stock, which is down 57% over the last five years and currently trading at $9.32 U.S. per share. Despite being around for more than 150 years, Western Union's market capitalization today is just under $3 billion U.S., making it a small-cap security. However, the company has compensated for its declining share price and market capitalization by offering shareholders a massive dividend. Western Union currently pays a quarterly dividend of $0.24 U.S. a share, giving the stock a 10.09% yield. That's one of the biggest yields investors are likely to find, especially among small-cap stocks. WU stock also looks dirt cheap trading at just four times future earnings estimates. Despite its struggles at reinvention, there are signs of hope with Western Union and its depressed stock. The company has been striking collaboration deals with banks around the world, most recently with Deutsche Bank (DB) in Germany. And WU stock has been on an upswing lately, rising 11% in the last month as it stages a recovery and comes off its 52-week low of $7.85 U.S. per share. While not without risk, investors who buy Western Union's stock will be paid handsomely as they wait for a bigger recovery in the share price.