Wyndham Keeps Dividend Steady
Hotel operator Wyndham Worldwide announced today its third-quarter dividend of $0.29 per share, the same rate it's paid for the past two quarters after raising the payout 26% from $0.23 per share.
The board of directors said the quarterly dividend is payable on September 6 to holders of record at the close of business on August 22. The regular dividend payment equates to a $1.16-per-share annual dividend, yielding 1.9% based on the closing price today of Wyndham Worldwide's stock.
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