ORLANDO, Fla.–(BUSINESS WIRE)–The board of administrators of Travel + Leisure Co. (NYSE:TNL) declared a daily money dividend on the corporate’s frequent inventory of $0.40 per share, payable September 30, 2022 to shareholders of report as of September 15, 2022.
About Travel + Leisure Co.
Travel + Leisure Co. (NYSE:TNL) is the world’s main membership and leisure journey firm, with almost 20 journey manufacturers throughout its resort, journey membership, and life-style portfolio. The firm offers excellent trip experiences and journey inspiration to hundreds of thousands of homeowners, members, and subscribers yearly by means of its services and products: Wyndham Destinations, the most important trip possession firm with greater than 245 membership resort areas throughout the globe; Panorama, the world’s foremost membership journey enterprise that features the most important trip alternate firm and subscription journey manufacturers; and Travel + Leisure Group, that includes high journey content material and journey providers together with the model’s eponymous journey membership. At Travel + Leisure Co., our international group of associates brings hospitality to hundreds of thousands annually, turning trip inspiration into distinctive journey experiences. We put the world on trip. Learn extra at travelandleisureco.com.
This press launch consists of “forward-looking statements” as that time period is outlined by the Securities and Exchange Commission (“SEC”). Forward-looking statements are any statements apart from statements of historic reality, together with statements relating to our expectations, beliefs, hopes, intentions or methods relating to the longer term. In some circumstances, forward-looking statements could be recognized by means of phrases equivalent to “could,” “will,” “expects,” “ought to,” “believes,” “plans,” “anticipates,” “estimates,” “predicts,” “potential,” “proceed,” “future,” “intends” or different phrases of comparable that means. Forward-looking statements are topic to dangers and uncertainties that might trigger precise outcomes of Travel + Leisure Co. and its subsidiaries (“Travel + Leisure Co.” or “we”) to vary materially from these mentioned in, or implied by, the forward-looking statements. Factors that may trigger such a distinction embrace, however are usually not restricted to, dangers related to: the acquisition of the Travel + Leisure model and the longer term prospects and plans for Travel + Leisure Co., together with our capacity to execute our methods to develop our cornerstone timeshare and alternate companies and broaden into the broader leisure journey trade by means of new enterprise extensions; our capacity to compete within the extremely aggressive timeshare and leisure journey industries; uncertainties associated to acquisitions, inclinations and different strategic transactions; the well being of the journey trade and declines or disruptions brought on by antagonistic financial situations, illness charges and shopper sentiment, terrorism or acts of gun violence, political strife, battle, together with hostilities in Ukraine, pandemics, and extreme climate occasions and different pure disasters; Adverse modifications in shopper journey and trip patterns, shopper preferences and demand for our merchandise; elevated or unanticipated working prices and different inherent enterprise dangers; our capacity to adjust to monetary and restrictive covenants beneath our indebtedness and our capacity to entry capital markets at cheap phrases, at an affordable value or in any respect; sustaining the integrity of inside or buyer information and defending our techniques from cyber-attacks; Uncertainty with respect to the scope, influence and length of the novel coronavirus international pandemic (“COVID-19”), together with resurgences, the tempo of restoration, distribution and adoption of vaccines and coverings, and actions in response to the evolving pandemic by governments , companies and people; the timing and quantity of future dividends and share repurchases, if any; and people different elements disclosed as dangers beneath “danger elements” in paperwork we’ve filed with the SEC, together with in Part I, Item 1A of our Annual Report on Form 10-Ok for the fiscal yr ended December 31, 2021, filed with the SEC on February 23, 2022. We warning readers that any such statements are primarily based on at present accessible operational, monetary and aggressive info, and they need to not place undue reliance on these forward-looking statements, which replicate administration’s opinion solely as of the date on which they have been made. Except as required by legislation, we undertake no obligations to evaluation or replace these forward-looking statements to replicate occasions or circumstances as they happen.