PARSIPPANY, N.J., Aug. 11, 2016 /PRNewswire/ -- Wyndham
Worldwide Corporation (NYSE:WYN) announced today its Board of
Directors declared a cash dividend of $0.50 per share on its common stock, payable
September 9, 2016 to shareholders of
record as of August 26, 2016.
ABOUT WYNDHAM WORLDWIDE
Wyndham Worldwide (NYSE: WYN) is one of the largest global
hospitality companies, providing travelers with access to a
collection of trusted hospitality brands in hotels, vacation
ownership, and unique accommodations including vacation exchange,
holiday parks, and managed home rentals. With a collective
inventory of more than 120,000 places to stay across 100 countries
on six continents, Wyndham Worldwide and its 38,000 associates
welcomes people to experience travel the way they want. This is
enhanced by Wyndham Rewards®, the Company's re-imagined guest
loyalty program across its businesses, which is making it simpler
for members to earn more rewards and redeem their points faster.
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,
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.
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SOURCE Wyndham Worldwide Corporation