Dividend increase: Wyndham Dest.

WYNDHAM DESTINATIONS INC. $43 (New York symbol WYND; Cyclical-Growth Payer Portfolio, Consumer sector; Shares o/s: 93.7 million; Market cap: $4.0 billion; Divd. yield: 4.2%; Divd. Sustainability Rating: Above Average, www.wyndhamdestinations.com) is the world’s largest vacation ownership and exchange company. It operates 220 vacation timeshare resorts with almost 900,000… Read More

Dividend increase: Wyndham Hotels

WYNDHAM HOTELS & RESORTS INC. $49 (New York symbol WH; Cyclical-Growth Payer Portfolio, Consumer sector; Shares o/s: 97.9 million; Market cap: $4.8 billion; Divd. yield: 2.4%; Divd. Sustainability Rating: Above Average, www.wyndhamhotels.com) is the world’s largest hotel franchiser with 9,157 hotels spread across 80 countries.
On… Read More

Wyndham weighs a second spinoff

On June 1, 2018, Wyndham Worldwide (old New York symbol WYN)completed its spinoff of Wyndham Hotels. Investors received one share of the new company for each WYN share they held. The remaining firm then changed its name to Wyndham Destinations (New York symbol WYND).
The split… Read More

Invest in hospitality two different ways

Studies show that both a spinoff and its parent company perform better than comparable firms for several years following their split. That’s especially so with industry leaders like these two.
WYNDHAM DESTINATIONS $37.47 (New York symbol WYND; TSI Rating: Extra Risk) (973-753-6000; www.wyndhamdestinations.com; Shares outstanding: 97.5 million; Market… Read More

Both this parent and spinoff are buys

Studies show that both a spinoff and its parent company perform better than comparable firms for several years following their split. That’s especially so with industry leaders like these two.
WYNDHAM DESTINATIONS $42.92 (New York symbol WYND; TSI Rating: Extra Risk) (973-753-6000; www.wyndhamdestinations.com; Shares outstanding: 99.4 million; Market… Read More