Looking at the universe of stocks we cover at Dividend Channel, on 12/13/24, Travel + Leisure Co (Symbol: TNL), Wyndham Hotels & Resorts Inc (Symbol: WH), and Macy's Inc (Symbol: M) will all trade ex-dividend for their respective upcoming dividends. Travel + Leisure Co will pay its quarterly dividend of $0.50 on 12/31/24, Wyndham Hotels & Resorts Inc will pay its quarterly dividend of $0.38 on 12/27/24, and Macy's Inc will pay its quarterly dividend of $0.1737 on 1/2/25. As a percentage of TNL's recent stock price of $53.81, this dividend works out to approximately 0.93%, so look for shares of Travel + Leisure Co to trade 0.93% lower — all else being equal — when TNL shares open for trading on 12/13/24. Similarly, investors should look for WH to open 0.37% lower in price and for M to open 1.04% lower, all else being equal.
Below are dividend history charts for TNL, WH, and M, showing historical dividends prior to the most recent ones declared.
Travel + Leisure Co (Symbol: TNL):
Wyndham Hotels & Resorts Inc (Symbol: WH):
Macy's Inc (Symbol: M):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.72% for Travel + Leisure Co, 1.50% for Wyndham Hotels & Resorts Inc, and 4.16% for Macy's Inc.
In Wednesday trading, Travel + Leisure Co shares are currently off about 0.3%, Wyndham Hotels & Resorts Inc shares are up about 0.3%, and Macy's Inc shares are trading flat on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
