Wendy’s lowers its dividend rate as part of a plan to invest in growth opportunities (WEN:NASDAQ)

Wendy’s Companies (NASDAQ:WEN

) is on watch after reporting Q4 results and updating its capital allocation strategy.

The restaurant operator reported systemwide sales growth of 5.4% in Q4. U.S. systemwide sales growth was 4.5% for the quarter, while international sales growth was 11.3%. Global same-restaurant sales