Wyndham Keeps Dividend at $0.29


Hospitality chain Wyndham Worldwideannounced yesterday its second-quarter dividend of $0.29 per share, the same rate it paid last quarter after it increased it 26% from $0.23 per share.

The board of directors said the quarterly dividend is payable on June 7 to the holders of record at the close of business on May 28. Wyndham has paid a dividend quarterly every year since 2007.

The regular dividend payment equates to a $1.16-per-share annual dividend yielding 1.8% based on the closing price of Wyndham Worldwide's stock on May 14.

WYN Dividend Chart
WYN Dividend Chart

WYN Dividend data by YCharts.


The article Wyndham Keeps Dividend at $0.29 originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.