A simple and compact three-way planar power divider, which avoids the floating common node of the isolation resistors, is presented. The proposed structure exhibits a wideband operation (measured frequency range of 1.6–3.3 GHz and bandwidth of 69.4%) with good return loss and isolation characteristics. Transmission line theory is used for the mathematical analysis and extraction of design equations, followed by simulations and experimental measurements that confirm the predicted results. The proposed divider achieves an equal power split (∼32%, −4.9 ± 0.4 dB insertion loss) between the input and each output port. The measured return loss is better than −10 dB at all ports, and the measured maximum isolation is close to −30 dB. The proposed design exhibits a fully planar structure, thus eliminating the need for a floating common node for the isolation resistors. Additionally, its structure is much simpler (i.e., no coupled lines, crossovers, or lumped capacitors are required) than other designs, achieves wideband operation, and provides design simplicity, flexibility, and easy implementation. Despite its simple noncomplicated structure, the proposed three-way planar divider achieves similar (or in some cases, better) performance and size than other more complicated structures. Furthermore, it can be expanded to an n-way structure.