====Wyndham Worldwide (WYN) discloses expected dividends for two post-spin-off companies

Wyndham Worldwide Corporation was founded in 1990.
Headquarters: Parsippany, New Jersey.
Sector: Consumer Cyclical
Industry: Lodging
Full Time Employees: 39,200
http://www.wyndhamworldwide.com

 

 After the spinoff: Wyndham Hotels & Resorts (WH), Wyndham Destinations(WYND)

Wyndham Worldwide discloses expected dividends for two post-spin-off companies  

Wyndham Hotels & Resorts, Inc. expects to pay a quarterly cash dividend of $0.25 per share beginning in June 2018, and Wyndham Worldwide Corporation, which will be renamed Wyndham Destinations, Inc., expects to pay a quarterly cash dividend of $0.41 per share beginning in June 2018. The dividends, in aggregate, are consistent with Wyndham Worldwide's current quarterly dividend of $0.66 per share.

• Following the spin-off, Wyndham Hotels & Resorts will trade on the New York Stock Exchange under the symbol "WH," and Wyndham Destinations will continue to trade on the New York Stock Exchange under the new symbol "WYND." Wyndham Hotels & Resorts is expected to begin "regular-way" trading on June 1, 2018.