Travel + Leisure Co. (TNL) Dividends
TNL Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $46.03 | $20.87 | -63.05% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for TNL, the dividend discount model StockNews created for the company implies a negative return of 63.05%. Digging deeper, the aspects of Travel & Leisure Co's dividend discount model that we found most interesting were:
- Beta tells us how volatile a stock's price is relative to the broader equity index; for Travel & Leisure Co, its beta is lower than 4.35% of dividend issuing stocks we observed.
- Based on dividend growth rate, TNL boasts a higher growth rate in terms of its annual cash distributed to its owners than 7.88% of the dividend issuers in our set.
TNL Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-03-20 | Dividend | $0.50 | +11.11% |
| 2023-12-14 | Dividend | $0.45 | -- |
| 2023-09-14 | Dividend | $0.45 | -- |
| 2023-06-14 | Dividend | $0.45 | -- |
| 2023-03-14 | Dividend | $0.45 | +12.50% |
| 2022-12-14 | Dividend | $0.40 | -- |
| 2022-09-14 | Dividend | $0.40 | -- |
| 2022-06-14 | Dividend | $0.40 | -- |
| 2022-03-14 | Dividend | $0.40 | +14.29% |
| 2021-12-14 | Dividend | $0.35 | +16.67% |
| 2021-09-14 | Dividend | $0.30 | -- |
| 2021-06-14 | Dividend | $0.30 | -- |
| 2021-03-12 | Dividend | $0.30 | -- |
| 2020-12-14 | Dividend | $0.30 | -- |
| 2020-09-14 | Dividend | $0.30 | -40.00% |
| 2020-06-12 | Dividend | $0.50 | -- |
| 2020-03-13 | Dividend | $0.50 | +11.11% |
| 2019-12-12 | Dividend | $0.45 | -- |
| 2019-09-12 | Dividend | $0.45 | -- |
| 2019-06-13 | Dividend | $0.45 | -- |
| 2019-03-15 | Dividend | $0.45 | +9.76% |
| 2018-12-13 | Dividend | $0.41 | -- |
| 2018-09-13 | Dividend | $0.41 | -- |
| 2018-06-14 | Dividend | $0.41 | +4,310.61% |
| 2018-06-01 | Split | 71-32-for-1 Stock Split | N/A |
| 2018-03-14 | Dividend | $0.66 | +13.79% |
| 2017-11-24 | Dividend | $0.58 | -- |
| 2017-08-23 | Dividend | $0.58 | -- |
| 2017-05-24 | Dividend | $0.58 | -- |
| 2017-03-15 | Dividend | $0.58 | +16.00% |
| 2016-11-23 | Dividend | $0.50 | -- |
| 2016-08-24 | Dividend | $0.50 | -- |
| 2016-05-25 | Dividend | $0.50 | -- |
| 2016-03-09 | Dividend | $0.50 | +19.05% |
| 2015-11-25 | Dividend | $0.42 | -- |
| 2015-08-26 | Dividend | $0.42 | -- |
| 2015-05-27 | Dividend | $0.42 | -- |
| 2015-03-11 | Dividend | $0.42 | +20.00% |
| 2014-11-26 | Dividend | $0.35 | -- |
| 2014-08-19 | Dividend | $0.35 | -- |
| 2014-05-28 | Dividend | $0.35 | -- |
| 2014-03-12 | Dividend | $0.35 | +20.69% |
| 2013-11-22 | Dividend | $0.29 | -- |
| 2013-08-20 | Dividend | $0.29 | -- |
| 2013-05-23 | Dividend | $0.29 | -- |
| 2013-03-12 | Dividend | $0.29 | +26.09% |
| 2012-11-19 | Dividend | $0.23 | -- |
| 2012-08-21 | Dividend | $0.23 | -- |
| 2012-05-22 | Dividend | $0.23 | -- |
| 2012-03-13 | Dividend | $0.23 | +53.33% |
| 2011-11-21 | Dividend | $0.15 | -- |
| 2011-08-23 | Dividend | $0.15 | -- |
| 2011-05-24 | Dividend | $0.15 | -- |
| 2011-03-08 | Dividend | $0.15 | +25.00% |
| 2010-11-22 | Dividend | $0.12 | -- |
| 2010-08-24 | Dividend | $0.12 | -- |
| 2010-05-25 | Dividend | $0.12 | -- |
| 2010-03-04 | Dividend | $0.12 | +200.00% |
| 2009-11-20 | Dividend | $0.04 | -- |
| 2009-08-25 | Dividend | $0.04 | -- |
| 2009-05-26 | Dividend | $0.04 | -- |
| 2009-02-24 | Dividend | $0.04 | -- |
| 2008-11-24 | Dividend | $0.04 | -- |
| 2008-08-26 | Dividend | $0.04 | -- |
| 2008-05-27 | Dividend | $0.04 | -- |
| 2008-03-04 | Dividend | $0.04 | -- |
| 2007-11-08 | Dividend | $0.04 | -- |
| 2007-08-09 | Dividend | $0.04 | -- |
TNL Dividends vs. Peers
TNL's dividend yield currently ranks #22 of 33 vs. its peers in the Travel - Hotels/Resorts category.