Travel & Leisure's latest quarterly dividend was on Mar 20, 2024 (ex-date) with a payout of $0.5 per share. On an annualized basis, the company has a current payout of $1.85 per share. This brings the dividend yield to 4% based on its recent close price. The latest dividend marks an increase of $0.05, or 11% from the prior distribution.
Travel & Leisure's dividend yield of 4% is higher than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 2.36%, Travel & Leisure's dividend yield is 69% higher. Historically TNL's dividend yield has averaged at 3.8% in the last 5 years, which is in line with the current one.
Travel & Leisure has been paying dividends since 2007. TNL has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 12% since twelve months ago. But with the price of the stock up by 15% from a year ago, the dividend yield has a decrease of 2.9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 20, 2024 | Mar 29, 2024 | Mar 13, 2024 | $0.5 | normal |
| Dec 14, 2023 | Dec 29, 2023 | Nov 7, 2023 | $0.45 | normal |
| Sep 14, 2023 | Sep 29, 2023 | Aug 9, 2023 | $0.45 | normal |
| Jun 14, 2023 | Jun 30, 2023 | May 17, 2023 | $0.45 | normal |
| Mar 14, 2023 | Mar 31, 2023 | Mar 8, 2023 | $0.45 | normal |
| Dec 14, 2022 | Dec 30, 2022 | Nov 16, 2022 | $0.4 | normal |
| Sep 14, 2022 | Sep 30, 2022 | Aug 10, 2022 | $0.4 | normal |
| Jun 14, 2022 | Jun 30, 2022 | May 18, 2022 | $0.4 | normal |
| Mar 14, 2022 | Mar 31, 2022 | Mar 2, 2022 | $0.4 | normal |
| Dec 14, 2021 | Dec 30, 2021 | Nov 11, 2021 | $0.35 | normal |
| Sep 14, 2021 | Sep 30, 2021 | Aug 4, 2021 | $0.3 | normal |
| Jun 14, 2021 | Jun 30, 2021 | May 13, 2021 | $0.3 | normal |
| Mar 12, 2021 | Mar 31, 2021 | Mar 4, 2021 | $0.3 | normal |
| Dec 14, 2020 | Dec 30, 2020 | Nov 3, 2020 | $0.3 | normal |
| Sep 14, 2020 | Sep 30, 2020 | Aug 11, 2020 | $0.3 | normal |
| Jun 12, 2020 | Jun 30, 2020 | May 14, 2020 | $0.5 | normal |
| Mar 13, 2020 | Mar 31, 2020 | Mar 5, 2020 | $0.5 | normal |
| Dec 12, 2019 | Dec 30, 2019 | Nov 7, 2019 | $0.45 | normal |
| Sep 12, 2019 | Sep 30, 2019 | Aug 15, 2019 | $0.45 | normal |
| Jun 13, 2019 | Jun 28, 2019 | May 16, 2019 | $0.45 | normal |
| Mar 15, 2019 | Mar 29, 2019 | $0.45 | normal | |
| Dec 13, 2018 | Dec 28, 2018 | Nov 14, 2018 | $0.41 | normal |
| Sep 13, 2018 | Sep 28, 2018 | Jul 27, 2018 | $0.41 | normal |
| Jun 14, 2018 | Jun 29, 2018 | May 17, 2018 | $0.41 | normal |
| Mar 14, 2018 | Mar 30, 2018 | Mar 1, 2018 | $0.66 | normal |
| Nov 24, 2017 | Dec 11, 2017 | Nov 7, 2017 | $0.58 | normal |
| Aug 23, 2017 | Sep 8, 2017 | Aug 2, 2017 | $0.58 | normal |
| May 24, 2017 | Jun 9, 2017 | May 9, 2017 | $0.58 | normal |
| Mar 15, 2017 | Mar 30, 2017 | Feb 28, 2017 | $0.58 | normal |
| Nov 23, 2016 | Dec 12, 2016 | Nov 8, 2016 | $0.5 | normal |
| Aug 24, 2016 | Sep 9, 2016 | Aug 11, 2016 | $0.5 | normal |
| May 25, 2016 | Jun 10, 2016 | May 10, 2016 | $0.5 | normal |
| Mar 9, 2016 | Mar 24, 2016 | Feb 25, 2016 | $0.5 | normal |
Travel & Leisure's payout ratio of 34.8% is above the Consumer Cyclical sector and the industry average. But in comparison with its Consumer Cyclical sector average of 34.6%, Travel & Leisure's payout ratio is only 0.6% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TNL Travel & Leisure Co | 4% | $1.85 | 34% |
| JOE ST JOE Co | 0.81% | $0.46 | 33.1% |
Yes, Travel & Leisure has paid four dividends in the last twelve months. TNL has been paying dividends since 2007.
TNL hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in June 2024.
Travel & Leisure's last regular dividend was on Mar 20, 2024 (ex-date) with the amount of $0.5 per share.
On an annual basis TNL pays $1.85 per share.
Travel & Leisure's current dividend yield is 4%.
Travel & Leisure pays dividends quarterly.
Travel & Leisure's dividend payout ratio is 34.8%.
Travel & Leisure's dividend yield is higher than the Consumer Cyclical sector average.