Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) announced a quarterly dividend on Thursday, May 14th. Stockholders of record on Monday, June 15th will be given a dividend of 0.43 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Monday, June 15th.
Wyndham Hotels & Resorts has increased its dividend by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 5 years. Wyndham Hotels & Resorts has a payout ratio of 32.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Wyndham Hotels & Resorts to earn $5.50 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 31.3%.
Wyndham Hotels & Resorts Trading Down 0.8%
WH stock opened at $80.58 on Friday. Wyndham Hotels & Resorts has a 1-year low of $69.21 and a 1-year high of $92.68. The firm has a market cap of $6.03 billion, a P/E ratio of 32.36, a P/E/G ratio of 2.19 and a beta of 0.64. The business’s 50 day moving average is $81.64 and its 200-day moving average is $78.19. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 5.88.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.
The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.
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