Yum! Brands, Inc.'s Board of Directors declared a dividend of $0.335 per share of common stock. The quarterly dividend will be distributed August 2, 2013, to shareholders of record at the close of business on July 12, 2013.

Marathon Patent Group, Inc. announced that its subsidiary Sampo IP, LLC has filed a patent infringement lawsuit in the United States District Court for the Eastern District of Texas against E*Trade Financial Corporate Services Inc., Liberty Mutual Group Inc., Aetna Inc., Avon Products Inc., Starbucks Corporation, Yum! Brands Inc., Hewlett-Packard Company, and Alcatel-Lucent USA Inc., (the 'Defendants'). Sampo is asserting three causes of action involving patent infringement related to U.S. Patent numbers 6,161,149, 6,772,229, and 8,015,495, all entitled Centrifugal Communication and Collaboration Method. The lawsuit alleges that the Defendants have infringed, and continue to infringe, the claims of the patents in suit by using the accused communications systems and methods covered by the claims of the Sampo patents.

Yum! Brands, Inc. reported unaudited consolidated earnings results for the first quarter ended March 23, 2013. For the quarter, the company’s total revenues were $2,535 million against $2,743 million a year ago. Income before income taxes was $456 million against $608 million a year ago. Net income to company was $337 million or $0.72 per diluted share against $458 million or $0.96 per diluted share a year ago. Net cash provided by operating activities was $401 million against $473 million a year ago. Capital spending was $237 million against $173 million a year ago. The company estimated mid-single-digit full-year EPS decline versus prior year, excluding special items, remains unchanged.