Is Western Union a Good Dividend Stock?

Western Union (NYSE: WU) is a leading cross-border payment transfer business that has been serving customers for over a hundred years. While it may seem like a stodgy company at first glance, it has a fantastic track record of adapting throughout its history. From creating some of the world's first credit cards to developing modern-day fintech software, Western Union has demonstrated its ability to stay ahead of the game.

The company offers a 3.8% dividend yield at Monday's prices, and with fintech start-ups nipping at its heels, investors should know if the company can keep up the pace.

Image source: Getty Images.

Source Fool.com