Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) announced a quarterly dividend on Thursday, May 14th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.43 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Monday, June 15th.
Wyndham Hotels & Resorts has raised its dividend by an average of 0.2%per year over the last three years and has raised its dividend every year for the last 5 years. Wyndham Hotels & Resorts has a dividend payout ratio of 32.2% meaning its dividend is sufficiently covered by earnings. 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 Price Performance
Shares of NYSE:WH opened at $80.58 on Friday. Wyndham Hotels & Resorts has a fifty-two week low of $69.21 and a fifty-two week high of $92.68. The company has a debt-to-equity ratio of 5.88, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market capitalization 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 has a 50-day moving average of $81.64 and a two-hundred day moving average of $78.19.
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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