Travel + Leisure Co. Declares Cash Dividend
ORLANDO, Florida–(BUSINESS WIRE)–The Board of Directors of Travel + Leisure Co. (NYSE: TNL) has declared a regular cash dividend on the Company’s common stock of $0.40 per share, payable June 30, 2022, to shareholders of record as of June 15, 2022.
About Travel + Leisure Co.
Travel + Leisure Co. (NYSE: TNL) is the global leader in membership and leisure travel, with nearly 20 travel brands in its portfolio of resorts, travel clubs and lifestyle. The company delivers exceptional vacation experiences and travel inspiration to millions of owners, members and subscribers each year through its products and services: Wyndham Destinations, the largest vacation ownership company with more than 245 resorts in worldwide ; Panorama, the world’s leading membership travel company that includes the largest vacation exchange company and subscription travel brands; and Travel + Leisure Group, offering leading travel content and services, including the brand’s eponymous travel club. At Travel + Leisure Co., our global team of associates brings hospitality to millions of people each year, transforming vacation inspiration into exceptional travel experiences. We put the world on vacation. Learn more about travelandleisureco.com.
This press release contains “forward-looking statements” as that term is defined by the Securities and Exchange Commission (“SEC”). Forward-looking statements are all statements other than statements of historical fact, including statements regarding our expectations, beliefs, hopes, intentions or strategies regarding the future. In some cases, forward-looking statements can be identified by the use of words such as “may”, “will”, “expect”, “should”, “believe”, “anticipate”, “anticipate”, ” estimate”, “predict”, “potential”, “continue”, “future”, “anticipate” or other words of similar meaning. Forward-looking statements are subject to risks and uncertainties that could cause the actual results of Travel + Leisure Co. and its subsidiaries to differ materially from those discussed or implied by the forward-looking statements. Factors that could cause such a difference include, but are not limited to, risks associated with the acquisition of the Travel + Leisure brand and Travel + Leisure Co.’s future prospects and plans, including our ability to execute our strategies to develop our cornerstone. timeshare and exchange businesses and expand into the broader leisure travel industry through new business expansions; the timing and amount of future dividends and share buybacks, if any; and the factors disclosed as risks under “Risk Factors” in our filings with the SEC, including in Part I, Item 1A. our Annual Report on Form 10-K for the fiscal year ended December 31, 2021, filed with the SEC on February 23, 2022. We caution readers that these statements are based on currently available operational, financial and competitive information, and that they should not place undue reliance on these forward-looking statements, which reflect the opinion of management only as of the date on which they were made. Except as required by law, we undertake no obligation to review or update these forward-looking statements to reflect events or circumstances as they occur.