Wyndham raises quarterly dividend to $0.38, Up 9% from last year

Friday, March 1, 2024

Wyndham Hotels & Resorts, Inc. (NYSE: WH) has declared that its Board of Directors has sanctioned a quarterly cash dividend of $0.38 per share on its common stock. The payment of this dividend is set for March 29, 2024, for shareholders registered by March 15, 2024. This dividend marks a 9% rise from the quarterly dividend of $0.35 per share distributed in 2023.

Wyndham Hotels & Resorts, listed under NYSE: WH, is recognized as the largest hotel franchising company worldwide by property count, boasting around 9,200 hotels in more than 95 countries across six continents. With its extensive network comprising approximately 872,000 rooms, Wyndham leads the economy and midscale hotel segments, catering primarily to everyday travelers. The company’s diverse portfolio includes 24 hotel brands such as Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection®, and Wyndham®. Wyndham also offers the Wyndham Rewards loyalty program, an award-winning scheme with over 106 million members, providing the option to redeem points at a wide range of hotels, vacation club resorts, and vacation rentals worldwide.

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