PARSIPPANY, N.J., Feb. 26, 2015 /PRNewswire/ -- Wyndham
Worldwide Corporation (NYSE: WYN) announced today its Board of
Directors declared a cash dividend of $0.42 per share on its common stock, payable
March 27, 2015 to shareholders of
record as of March 13, 2015.
About Wyndham Worldwide Corporation
One of the
world's largest hospitality companies, Wyndham Worldwide (NYSE:
WYN) provides a wide range of hospitality services and products
through its global portfolio of world-renowned brands. The
world's largest hotel company based on the number of properties,
Wyndham Hotel Group is home to many of the world's best-known hotel
brands, with over 7,600 franchised hotels and approximately 661,000
hotel rooms worldwide. Wyndham Exchange & Rentals is the
worldwide leader in vacation exchange and the world's largest
professionally managed vacation rentals business, providing more
than 5 million leisure-bound families annually with access to over
107,000 vacation properties in over 100 countries through its
prominent exchange and vacation rental brands. The industry and
timeshare ownership market leader, Wyndham Vacation Ownership
develops, markets, and sells vacation ownership interests and
provides consumer financing to owners through its network of over
200 vacation ownership resorts serving approximately 904,000 owners
throughout the United States,
Canada, Mexico, the Caribbean, and the South Pacific. Based in
Parsippany, NJ, Wyndham Worldwide
employs over 34,000 associates globally. For more information,
please visit www.wyndhamworldwide.com.
Forward-Looking Statements
This press release
contains "forward-looking statements" within the meaning of Section
21E of the Securities Exchange Act of 1934, as amended, conveying
management's expectations as to the future based on plans,
estimates and projections at the time the Company makes the
statements. Forward-looking statements involve known and
unknown risks, uncertainties and other factors, which may cause the
actual results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. The forward-looking statements contained in this
press release includes statements related to the Company's
dividends.
You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. Factors that could cause actual results to
differ materially from those in the forward-looking statements
include general economic conditions, the performance of the
financial and credit markets, the economic environment for the
hospitality industry, the impact of war, terrorist activity or
political strife, operating risks associated with the hotel,
vacation exchange and rentals and vacation ownership businesses, as
well as those described in the Company's Annual Report on Form
10-K, filed with the SEC on February 13,
2015. Except for the Company's ongoing obligations to
disclose material information under the federal securities laws, it
undertakes no obligation to release publicly any revisions to any
forward-looking statements, to report events or to report the
occurrence of unanticipated events.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/wyndham-worldwide-corporation-declares-cash-dividend-300042322.html
SOURCE Wyndham Worldwide Corporation