On May 21, Travel + Leisure Co. (NYSE:
TNL
) announced a quarterly dividend of $0.56 per share, maintaining the same rate as before.
Travel + Leisure Co. (NYSE:TNL), a leading player in the leisure travel sector, provides more than six million vacation experiences each year to travelers around the globe. Following an announcement of higher dividends made back in March, the firm has now declared its most recent quarterly payout.
Travel + Leisure Co. (NYSE:TNL) 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. (NYSE:TNL) boasts a robust dividend yield of 4.65% as of May 21, with the stock set for an ex-dividend date on June 13. Over the last year, shares of TNL have risen by approximately 7%.
Although we recognize the appeal of investing in TNL, we firmly believe that certain underpriced dividend stocks offer better prospects for generating substantial returns more quickly. Should you be searching for an undervalued dividend stock with stronger growth potential compared to TNL—one trading at just ten times its earnings and increasing profits at a rate exceeding 10% yearly—please review our detailed report on this opportunity.
dirt cheap dividend stock
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