Wyndham Worldwide to triple its dividend
(AP) — Hotel operator Wyndham Worldwide Corp. said Wednesday that it tripled its quarterly dividend to 12 cents from 4 cents.
The Parsippany, N.J., company plans to start the new dividend in the first quarter.
Wyndham also said it is restarting buybacks beginning with shares under its existing $200 million stock repurchase program. The program currently has $157 million still available.
The lodging company also announced Wednesday that it moved to a fourth-quarter profit.
Blakeman's agenda for 'new' NY ... Deadly salon crash trial underway ... Crash in Greenlawn ... Knicks back in finals for first time since 1999
Blakeman's agenda for 'new' NY ... Deadly salon crash trial underway ... Crash in Greenlawn ... Knicks back in finals for first time since 1999
