Wyndham Keeps Dividend Steady

Hotel operator Wyndham Worldwideannounced 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.

WYN Dividend Chart
WYN Dividend Chart

WYN Dividend data by YCharts.

The article Wyndham Keeps Dividend Steady originally appeared on Fool.com.

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