PARSIPPANY, N.J., May 10, 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
June 10, 2016 to shareholders of
record as of May 27, 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