PARSIPPANY, N.J., Nov. 12, 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
December 15, 2015 to shareholders of
record as of November 30, 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 approximately 7,760 franchised hotels and
approximately 672,000 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 110,000 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 210 vacation ownership resorts serving approximately 900,000
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 include 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 for the
year ending December 31, 2014. 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.
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SOURCE Wyndham Worldwide Corporation