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Travel + Leisure Co. Increases Cash Dividend 12%

1. TNL raised its quarterly dividend by 12% to $0.56 per share. 2. The dividend is payable on March 31, 2025, boosting shareholder returns.

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FAQ

Why Bullish?

The increase in dividends typically signals strong financial health. Historically, such increases can lead to positive stock price movements for companies.

How important is it?

The increase in dividends indicates financial stability and attracts dividend-focused investors, likely influencing stock performance positively.

Why Short Term?

The upcoming dividend payment on March 31, 2025, may yield immediate interest among investors. Generally, dividend announcements have quick impacts on stock prices.

ORLANDO, Fla.--(BUSINESS WIRE)--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 vacatio.

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