PARSIPPANY, NJ (May 13, 2011) — Wyndham Worldwide Corporation (NYSE: WYN) announced yesterday its Board of Directors declared a cash dividend of $0.15 per share on its common stock, payable June 10, 2011 to shareholders of record as of May 26, 2011.
About Wyndham Worldwide
As one of the world’s largest hospitality companies, Wyndham Worldwide offers individual consumers and business-to-business customers a broad suite of hospitality services and products across various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. Wyndham Worldwide encompasses approximately 7,360 franchised hotels and vacation ownership resorts with approximately 630,300 rooms worldwide. Wyndham Exchange & Rentals offers leisure travelers, including its 3.8 million members, access to approximately 97,000 vacation properties located in approximately 100 countries. Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and provides consumer financing to owners through its network of vacation ownership resorts serving nearly 815,000 owners throughout North America, the Caribbean and the South Pacific. Wyndham Worldwide, headquartered in Parsippany, N.J., employs approximately 26,000 employees globally.
For more information about Wyndham Worldwide, please visit the Company’s website at www.wyndhamworldwide.com
This press release contains statements that constitute “forward-looking statements,” including with regard to Wyndham Worldwide’s offering and the anticipated use of the net proceeds therefrom. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. No assurance can be given that the securities offering discussed above will be consummated on the terms described or at all. Consummation of the offering is subject to closing conditions, many of which are beyond the control of Wyndham Worldwide. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
SOURCE Wyndham Worldwide Corporation