Travel + Leisure Co. Declares Cash Dividend

Rhea-AI Summary

Travel + Leisure Co. (NYSE:TNL) announced a cash dividend of $0.30 per share on its common stock, payable on March 31, 2021. Shareholders of record as of March 15, 2021 will receive this dividend. With a strong portfolio of nearly 20 travel brands, including Wyndham Destinations and Panorama, the company aims to deliver exceptional vacation experiences and travel inspiration.

Positive

• Declared a cash dividend of $0.30 per share, indicating financial strength and commitment to returning value to shareholders.
• Strong positioning with nearly 20 travel brands, enhancing revenue opportunities and market presence.

Negative

• None.

Travel + Leisure Co. (NYSE:TNL) announced today its Board of Directors declared a cash dividend of $0.30 per share on its common stock, payable March 31, 2021 to shareholders of record as of March 15, 2021.

About Travel + Leisure Co.

Travel + Leisure Co. is the world’s leading membership and leisure travel company, with nearly 20 travel brands across its resort, travel club, and lifestyle portfolio. The company provides outstanding vacation experiences and travel inspiration to millions of owners, members, and subscribers every year through its products and services: Wyndham Destinations, the largest vacation ownership company with more than 245 vacation club resort locations across the globe; Panorama, the world’s foremost membership travel business that includes the largest vacation exchange company, industry-leading travel technology, and subscription travel brands; and Travel + Leisure Group, featuring top online and print travel content, online booking platforms and travel clubs, and branded consumer products. At Travel + Leisure Co., our global team of associates brings hospitality to millions, turning vacation inspiration into exceptional travel experiences. We put the world on vacation. Learn more at travelandleisureco.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210304006001/en/

FAQ

When is the dividend for Travel + Leisure Co. (TNL) paid?

The dividend is payable on March 31, 2021.

What is the dividend amount declared by Travel + Leisure Co. (TNL)?

The company declared a cash dividend of $0.30 per share.

Who is eligible to receive the dividend from Travel + Leisure Co. (TNL)?

Shareholders of record as of March 15, 2021, are eligible to receive the dividend.

How many travel brands does Travel + Leisure Co. (TNL) operate?

Travel + Leisure Co. operates nearly 20 travel brands.