On May 21, Travel + Leisure Co. (NYSE:TNL) declared a quarterly dividend of $0.56 per share, which was consistent with its previous dividend.
Travel + Leisure Co. is a prominent name in the leisure travel industry. It delivers over six million vacations annually to customers worldwide. The company’s latest quarterly dividend follows an earlier increase announced in March.
Travel + Leisure Co. has maintained a steady financial position, consistently paying dividends since 2008. In the first quarter of 2025, it reported $121 million in operating cash flow and $152 million in free cash flow. This strong cash performance enabled the company to return $41 million to shareholders in the form of dividends.
Travel + Leisure Co. has a solid dividend yield of 4.65%, as of May 21, and the stock will trade ex-dividend on June 13. TNL has surged by nearly 7% in the past 12 months.
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