Wyndham Hotels & Resorts (NYSE:WH) Plans Quarterly Dividend of $0.43

Wyndham Hotels & Resorts (NYSE:WH) declared a quarterly dividend on Thursday, November 12th. Investors of record on Tuesday, December 15th will be paid a dividend of $0.43 per share on Wednesday, December 30th. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, December 15th.

Wyndham Hotels & Resorts has increased its dividend by an average of 0.2% annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Wyndham Hotels & Resorts has a dividend payout ratio of 32.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Wyndham Hotels & Resorts to earn $5.44 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 31.6%.

Wyndham Hotels & Resorts Price Performance

NYSE WH opened at $78.99 on Friday. The company has a debt-to-equity ratio of 5.69, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $5.76 billion, a price-to-earnings ratio of 29.36, a PEG ratio of 1.97 and a beta of 0.64. The business has a 50 day simple moving average of $73.26 and a 200 day simple moving average of $77.88. Wyndham Hotels & Resorts has a 52-week low of $66.87 and a 52-week high of $90.35.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, October 21st. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.11. The firm had revenue of $410.00 million for the quarter, compared to analyst estimates of $408.99 million. Wyndham Hotels & Resorts had a net margin of 13.97% and a return on equity of 77.43%. The business’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.46 earnings per share. Analysts anticipate that Wyndham Hotels & Resorts will post 4.88 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts announced that its Board of Directors has initiated a stock buyback program on Tuesday, September 29th that authorizes the company to repurchase $400 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 7.6% of its shares through open market purchases. Share buyback programs are typically a sign that the company’s leadership believes its stock is undervalued.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts is a hospitality company focused primarily on franchising hotels. It provides franchisees with access to hotel brands, reservation and loyalty platforms, and operational support, while serving travelers through properties across a range of price points and lodging styles. Its portfolio includes brands such as Wyndham, Ramada, Days Inn, Super 8, La Quinta, Microtel, Wingate, Trademark Collection and Registry Collection. The company’s hotels serve guests in markets around the world, including North America, Europe, Asia-Pacific, Latin America and the Middle East.