Wyndham Worldwide Corp (WYN) recently announced in a press release that their next dividend payment will be 14% higher than their last. The next payment date has not been announced yet. Last year's payment was at the end of March.
Thanks to dividend increases and dividend reinvestment, my next dividend payment will be 37% higher than my first one during the last quarter of 2016. That translates into an annualized growth rate of 23%. During the last year, the growth rate is 17%.
While my dividend payments have shot up during the time I have owned WYN, the value of my shares has risen also. Thanks, Wyndham!
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