TNL - Dividend announcements

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.60 per share, payable June 30, 2026 to shareholders of record as of June 12, 2026. About Travel + Leisure Co. Travel + Leisure Co. (NYSE:TNL) is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The Company operates a diverse portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they're traversing the globe or enjoying destinations closer to home. This includes experiential brands such as Sports Illustrated Re

Travel + Leisure Co. (NYSE:TNL) (the "Company") announced today the pricing of its private offering (the "Offering") of $900 million aggregate principal amount of its senior secured notes due 2031 (the "Notes"). The Offering is expected to close on May 20, 2026. The closing of the Offering is subject to the satisfaction of customary and market conditions. The Company intends to use the net proceeds of this Offering to redeem all of the Company's outstanding 6.625% secured notes due July 2026, towards repayment of outstanding borrowings under its revolving credit facility and, to the extent there are any remaining proceeds, for general corporate purposes. The Notes will bear interest at

Travel + Leisure Co. (NYSE:TNL) (the "Company") announced today that it has launched a private offering (the "Offering") of $900 million aggregate principal amount of senior secured notes due 2031 (the "Notes"), subject to customary and market conditions. The Company intends to use the net proceeds of this Offering to redeem all of the Company's outstanding 6.625% secured notes due July 2026, towards repayment of outstanding borrowings under its revolving credit facility and, to the extent there are any remaining proceeds, for general corporate purposes. The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), any state securities laws or t

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock, increasing the quarterly dividend rate by 7% to $0.60 per share from $0.56 per share. The dividend is payable March 31, 2026 to shareholders of record as of March 20, 2026. About Travel + Leisure Co. Travel + Leisure Co. (NYSE:TNL) is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The Company operates a diverse portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they're traversing the globe or enjoying destina

Travel + Leisure Co. (NYSE:TNL) announced today the closing of the Eighth Amendment to its Credit Agreement, which established new pricing terms for the $869 million of outstanding borrowings under the 2024 Term Loan B Facility. The repricing reduces the applicable interest rate on the 2024 Term Loan B Facility by 50 basis points from SOFR plus 2.50% to SOFR plus 2.00%. The 2024 Term Loan B Facility maturity date remains December 14, 2029. "We're pleased with the outcome of this transaction. The repricing reflects the strength and consistency of our business model, the continued improvement in our credit profile, and the confidence lenders have in our long-term performance. Reducing our co

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.56 per share, payable December 31, 2025 to shareholders of record as of December 12, 2025. About Travel + Leisure Co. Travel + Leisure Co. is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The company operates a portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they're traversing the globe or staying a little closer to home. With hospitality and responsible tourism at its heart, the company's nearly 19,00

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.56 per share, payable September 30, 2025, to shareholders of record as of September 12, 2025. About Travel + Leisure Co. Travel + Leisure Co. is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The company operates a portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they're traversing the globe or staying a little closer to home. With hospitality and responsible tourism at its heart, the company's nearly

Travel + Leisure Co. (NYSE:TNL) (the "Company") announced today the pricing of its private offering (the "Offering") of $500 million aggregate principal amount of its senior secured notes due 2033 (the "Notes"). The Offering is expected to close on August 19, 2025. The closing of the Offering is subject to the satisfaction of customary and market conditions. The Company intends to use the net proceeds of this Offering to redeem all of the Company's outstanding 6.60% secured notes due October 2025, towards repayment of outstanding borrowings under our revolving credit facility, to pay the fees and expenses incurred in connection with the Offering and, to the extent there are any remaining

Travel + Leisure Co. (NYSE:TNL) (the "Company") announced today that it has launched a private offering (the "Offering") of $500 million aggregate principal amount of senior secured notes due 2033 (the "Notes"), subject to customary and market conditions. The Company intends to use the net proceeds of this Offering to redeem all of the Company's outstanding 6.60% secured notes due October 2025, towards repayment of outstanding borrowings under our revolving credit facility, to pay the fees and expenses incurred in connection with the Offering and, to the extent there are any remaining proceeds, for general corporate purposes which may include future debt paydowns. The Notes have not bee

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.56 per share, payable June 30, 2025 to shareholders of record as of June 13, 2025. About Travel + Leisure Co. Travel + Leisure Co. (NYSE:TNL) is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The company operates a portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they're traversing the globe or staying a little closer to home. With hospitality and responsible tourism at its heart, the company's nearly 19

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock, increasing the quarterly dividend rate by 12% to $0.56 per share from $0.50 per share. The dividend is payable March 31, 2025 to shareholders of record as of March 17, 2025. About Travel + Leisure Co. Travel + Leisure Co. (NYSE:TNL) is the world's leading vacation ownership and membership travel company, providing more than six million vacations to travelers every year. The company operates a portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they're traveling the world or staying

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.50 per share, payable December 31, 2024 to shareholders of record as of December 13, 2024. About Travel + Leisure Co. Travel + Leisure Co. (NYSE:TNL) provides more than six million vacations to travelers every year. The company operates a portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they're traveling the world or staying a little closer to home. With hospitality and responsible tourism at its heart, the company's 19,000+ dedicated associates around the globe help the co

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.50 per share, payable September 30, 2024 to shareholders of record as of September 13, 2024. About Travel + Leisure Co. As the world's leading membership and leisure travel company, Travel + Leisure Co. (NYSE:TNL) transformed the way families vacation with the introduction of the most dynamic points-based vacation ownership program at Club Wyndham, and the first vacation exchange network, RCI. The company delivers more than six million vacations each year at 245+ timeshare resorts worldwide, through tailored travel and membership products, and via Travel + Leisu

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.50 per share, payable June 28, 2024 to shareholders of record as of June 14, 2024. The Board of Directors also approved an increase to the authorized capacity of the Company's share repurchase program by $0.5 billion. About Travel + Leisure Co. As the world's leading membership and leisure travel company, Travel + Leisure Co. (NYSE:TNL) transformed the way families vacation with the introduction of the most dynamic points-based vacation ownership program at Club Wyndham, and the first vacation exchange network, RCI. The company delivers more than six million v

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock, increasing the quarterly dividend rate by 11% to $0.50 per share from $0.45 per share. The dividend is payable March 29, 2024 to shareholders of record as of March 21, 2024. "The board's decision to increase the dividend reflects our continued confidence in our strong prospects for growth and our ongoing ability to generate significant amounts of cash after funding the capital needs of the business. The dividend demonstrates our commitment to return cash to shareholders, a priority in our balanced and effective capital allocation strategy, which also includes share rep

Travel + Leisure Co. (NYSE:TNL) announced today the closing of the Fifth Amendment to its Credit Agreement, which established $598 million of incremental term loans (the "2023 Term Loan B Facility"). The 2023 Term Loan B Facility refinanced $298 million of outstanding borrowings under the 2022 Incremental Term Loan facility and included additional borrowings of $300 million. The company expects to use net proceeds from the 2023 Term Loan B, together with available cash on hand and revolving credit facility borrowings to repay its outstanding $300 million 5.65% secured notes due April 2024 and pay related fees and expenses. The 2023 Term Loan B Facility matures on December 14, 2029, and pr

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.45 per share, payable December 29, 2023 to shareholders of record as of December 15, 2023. About Travel + Leisure Co. As the world's leading membership and leisure travel company, Travel + Leisure Co. (NYSE:TNL) transformed the way families vacation with the introduction of the most dynamic points-based vacation ownership program at Club Wyndham, and the first vacation exchange network, RCI. The company delivers more than six million vacations each year at 245+ timeshare resorts worldwide, through tailored travel and membership products, and via Travel + Leisure

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.45 per share, payable September 29, 2023 to shareholders of record as of September 15, 2023. About Travel + Leisure Co. As the world's leading membership and leisure travel company, Travel + Leisure Co. (NYSE:TNL) transformed the way families vacation with the introduction of the most dynamic points-based vacation ownership program at Club Wyndham, and the first vacation exchange network, RCI. The company delivers more than six million vacations each year at 245+ timeshare resorts worldwide, through tailored travel and membership products, and via Travel + Leisu

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.45 per share, payable June 30, 2023 to shareholders of record as of June 15, 2023. About Travel + Leisure Co. As the world's leading membership and leisure travel company, Travel + Leisure Co. (NYSE:TNL) transformed the way families vacation with the introduction of the most dynamic points-based vacation ownership program at Club Wyndham, and the first vacation exchange network, RCI. The company delivers more than six million vacations each year at 245+ timeshare resorts worldwide, through tailored travel and membership products, and via Travel + Leisure GO - th

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock, increasing the quarterly dividend rate to $0.45 per share, up from $0.40 per share. The dividend is payable March 31, 2023 to shareholders of record as of March 15, 2023. On an annualized basis, the dividend increases to $1.80 per share, up over 12 percent from the annualized level of $1.60 per share that was in place one year ago. "We are excited about the leisure travel momentum that has continued into 2023. Our results demonstrate the quality of our consumers and our ability to capitalize on the strong leisure travel market to drive earnings and adjusted free cash f

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.40 per share, payable December 30, 2022 to shareholders of record as of December 15, 2022. About Travel + Leisure Co. Travel + Leisure Co. (NYSE:TNL) is the world's leading membership and leisure travel company, with nearly 20 travel brands across its resort, travel club, and lifestyle portfolio. The company provides outstanding vacation experiences and travel inspiration to millions of owners, members, and subscribers every year through its products and services: Wyndham Destinations, the largest vacation ownership company with more than 245 vacation club resort

Travel + Leisure Co. (NYSE:TNL), the world's leading membership and leisure travel company, provided an update on its third quarter results and outlook for the remainder of 2022 in advance of presentations at several conferences in September. Travel + Leisure Co. will be attending NYSE's 3rd Annual Investor Access Consumer Day on September 20, 2022, Deutsche Bank's 30th annual Leveraged Finance Conference on September 20, and Wells Fargo's Consumer Conference on September 21. A link to the company's updated Fall 2022 investor relations presentation is available online at travelandleisureco.com/investors. Third Quarter Update The company is reiterating the third quarter and full year out

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.40 per share, payable September 30, 2022 to shareholders of record as of September 15, 2022. About Travel + Leisure Co. Travel + Leisure Co. (NYSE:TNL) is the world's leading membership and leisure travel company, with nearly 20 travel brands across its resort, travel club, and lifestyle portfolio. The company provides outstanding vacation experiences and travel inspiration to millions of owners, members, and subscribers every year through its products and services: Wyndham Destinations, the largest vacation ownership company with more than 245 vacation club resor

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.40 per share, payable June 30, 2022, to shareholders of record as of June 15, 2022. About Travel + Leisure Co. Travel + Leisure Co. (NYSE:TNL) is the world's leading membership and leisure travel company, with nearly 20 travel brands across its resort, travel club, and lifestyle portfolio. The company provides outstanding vacation experiences and travel inspiration to millions of owners, members, and subscribers every year through its products and services: Wyndham Destinations, the largest vacation ownership company with more than 245 vacation club resort locatio

The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock, increasing the quarterly dividend rate to $0.40 per share, up from $0.35 per share. The dividend is payable March 31, 2022 to shareholders of record as of March 15, 2022. On an annualized basis, the dividend increases to $1.60 per share, up over 33 percent from the annualized level of $1.20 per share that was in place one year ago. "We ended 2021 with increased return of capital to shareholders and we are pleased that the strength of the business has allowed us to increase the dividend once again in 2022," said Mike Hug, chief financial officer of Travel + Leisure Co.

The board of directors of Travel + Leisure Co. (NYSE:TNL) has declared a regular cash dividend on the company's common stock, increasing the quarterly dividend rate to $0.35 per share, up from $0.30 per share. The dividend is payable December 30, 2021 to shareholders of record as of December 15, 2021. On an annualized basis, the dividend increases to $1.40 cents per share, up nearly 17 percent from the previous annualized level of $1.20 per share. "The continued payment of a dividend throughout the pandemic demonstrated our confidence in the resiliency of this business and its ability to generate free cash flow," said Mike Hug, chief financial officer of Travel + Leisure Co. "The dividend

Travel + Leisure Co. (NYSE:TNL) today will present the company's four-year growth plan at its meeting with institutional investors and security analysts in New York. The presentation will outline the company's strategy to grow its cornerstone timeshare and vacation exchange businesses, and to develop new business extensions to broaden its reach into the leisure travel market. "With our resilient timeshare business as the foundation, we are poised to accelerate our growth by broadening our focus to a much larger addressable market as we leverage the power of Travel + Leisure - the most influential brand in travel," said Michael D. Brown, president and CEO of Travel + Leisure Co. "Our ultima

Travel + Leisure Co. (NYSE:TNL) announced today its Board of Directors declared a cash dividend of $0.30 per share on its common stock, payable September 30, 2021 to shareholders of record as of September 15, 2021. About Travel + Leisure Co. Travel + Leisure Co. is the world's leading membership and leisure travel company, with nearly 20 travel brands across its resort, travel club, and lifestyle portfolio. The company provides outstanding vacation experiences and travel inspiration to millions of owners, members, and subscribers every year through its products and services: Wyndham Destinations, the largest vacation ownership company with more than 245 vacation club resort locations acros

Travel + Leisure Co. (NYSE:TNL) announced today its Board of Directors declared a cash dividend of $0.30 per share on its common stock, payable June 30, 2021 to shareholders of record as of June 15, 2021. About Travel + Leisure Co. Travel + Leisure Co. is the world's leading membership and leisure travel company, with nearly 20 travel brands across its resort, travel club, and lifestyle portfolio. The company provides outstanding vacation experiences and travel inspiration to millions of owners, members, and subscribers every year through its products and services: Wyndham Destinations, the largest vacation ownership company with more than 245 vacation club resort locations across the glo

Travel + Leisure Co. (NYSE:TNL), the world's leading membership and leisure travel company, today reported first quarter 2021 financial results for the three months ended March 31, 2021. Highlights and outlook include: Net income of $29 million and diluted earnings per share of $0.33 on net revenue of $628 million Adjusted EBITDA of $129 million and adjusted diluted earnings per share of $0.39 (1) Net cash provided by operating activities of $78 million and adjusted free cash flow of $20 million for the first three months of 2021 Fully paid down revolving credit facility and $250 million of secured notes Executed $500 million term securitization with best terms in Company history