PARSIPPANY, N.J., Feb. 28, 2017 /PRNewswire/ -- Wyndham Worldwide
Corporation (NYSE:WYN) announced today its Board of Directors
declared a cash dividend of $0.58 per
share on its common stock, payable March 30,
2017 to shareholders of record as of March 17, 2017.
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 nearly 130,000
places to stay across more than 110 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,
2016. 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