Vardah Gill
1 min read
In This Article:
On May 21, Travel + Leisure Co. (NYSE:TNL) declared a quarterly dividend of $0.56 per share, which was consistent with its previous dividend.
Travel + Leisure Co. (NYSE:TNL) is a prominent name in the leisure travel industry. It delivers over six million vacations annually to customers worldwide. The company's latest quarterly dividend follows an earlier increase announced in March.
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) has a solid dividend yield of 4.65%, as of May 21, and the stock will trade ex-dividend on June 13. TNL has surged by nearly 7% in the past 12 months.
While we acknowledge the potential of TNL as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than TNL but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the dirt cheap dividend stock.
READ MORE: 10 Unstoppable Dividend Stocks to Buy Now and 25 High Dividend Stocks Being Targeted By Short Sellers
Disclosure. None.
