Travel + Leisure Co. announces dividend of $0.56 per share

ORLANDO, Fla. - Travel + Leisure Co. (NYSE:TNL), a prominent player in the leisure travel industry, has declared a regular quarterly cash dividend for its shareholders. The company confirmed a dividend of $0.56 per share, which is scheduled to be paid on June 30, 2025, to all shareholders of record as of June 13, 2025. According to InvestingPro data, TNL has maintained dividend payments for 19 consecutive years and currently offers an attractive 4.51% dividend yield, having raised its dividend for three consecutive years.

This announcement comes as the company continues to serve a substantial customer base, offering over six million vacation experiences annually through its diverse portfolio of vacation ownership, travel club, and lifestyle travel brands. The company, which generates annual revenue of $3.88 billion, maintains a strong financial position with a current ratio of 4.04, indicating robust liquidity. The company prides itself on its commitment to hospitality and responsible tourism, with nearly 19,000 associates working globally to fulfill its mission of providing leisure travel to a broad demographic of travelers.

Travel + Leisure Co. has positioned itself as a leader in the leisure travel sector, catering to modern leisure travelers’ needs both domestically and internationally. Trading at a P/E ratio of 8.65, InvestingPro analysis suggests the stock is currently fairly valued. The company’s strategic focus is on delivering high-quality travel experiences, which is reflected in its approach to responsible tourism and customer service. For deeper insights into TNL’s valuation and growth prospects, investors can access comprehensive Pro Research Reports available on InvestingPro, covering over 1,400 US stocks.

While the dividend declaration is a sign of the company’s current financial health, which InvestingPro rates as "GOOD" with an overall score of 2.93, Travel + Leisure Co. also highlighted forward-looking statements in the press release. These statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Factors that may influence the company’s future performance include the overall health of the travel industry, economic conditions, consumer travel patterns, operational costs, and the ability to meet financial covenants.

Investors and stakeholders are advised that such forward-looking statements should not be relied upon as being provided as of any date subsequent to the date of this press release. The company’s future plans and prospects are based on currently available information, and changes in circumstances may affect the accuracy of these predictions.

The information provided herein is based on a press release statement from Travel + Leisure Co. and does not include any promotional content or subjective assessment of the company’s market position or future outlook. The factual reporting of the dividend announcement is intended to provide investors with the latest financial action taken by the company without any endorsement of claims or future performance.

In other recent news, Wyndham Hotels & Resorts announced a quarterly cash dividend of $0.41 per share, scheduled for payment on June 30, 2025, to shareholders of record as of June 13, 2025. This announcement follows Wyndham’s strategic focus on providing shareholder value amidst economic considerations, including inflation and potential recession impacts. Meanwhile, Wyndham introduced several initiatives at its 2025 Global Conference aimed at enhancing hotel owner success and guest experiences, including the AI-enhanced Wyndham Connect PLUS and the expanded Wyndham Rewards loyalty program. These developments are part of the Wyndham Advantage strategy, which has contributed to high franchisee retention and a growing development pipeline.

In other developments, Mizuho Securities adjusted its price target for Travel + Leisure Co., lowering it slightly to $63.00 from $64.00, while maintaining a Neutral rating. This adjustment followed Travel + Leisure’s first-quarter financial results, which showed a slight miss on earnings per share but a positive revenue surprise. The company reported a first-quarter revenue of $934 million, slightly above expectations, with a strong performance in its Vacation Ownership segment. Additionally, Travel + Leisure demonstrated significant growth in adjusted EBITDA, which surged by 614% year-over-year. Despite challenges in its Travel and Membership segment, the company remains focused on innovation and expansion, with optimistic guidance for upcoming quarters.

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