SmarterDividends
TNL

Travel + Leisure Co.

TNL

Consumer Cyclical · Stock · quarterly payer

Forward Yield

3.40%

Annual Dividend

$2.40

Payout Ratio

64%

5-Yr Growth

7.0%

Ex-Date

Jun 12, 2026

Frequency

Quarterly

TNL Dividend Safety Score

65/ 100
Grade C

Borderline

Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage64% of earnings paid out
Free-cash-flow coverage28% of free cash flow
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is TNL a good dividend stock?

Yes, with caveats

Travel + Leisure Co. (TNL) pays a quarterly dividend yielding 3.40% ($2.40/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 7.0% 5-yr dividend growth

Risks

  • Cut its dividend in 2021

Key Data

Dividend Yield
3.40%
Payout Ratio
64%
Annual Dividend
$2.40
5-Yr Avg Growth
7.0%
Ex-Dividend Date
Jun 12, 2026
Years of Growth
4
Frequency
quarterly
Beta
1.20
Market Cap
$4.4B
P/E Ratio
19.7
5-Yr Total Return
20%
52-Week Range
$47.61 – $81.00
Dividend Safety
C · 65/100
Ever Cut?
Yes (2021)
TNL ex-dividend date & scheduleNext ex-date Jun 12, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.40 / yr per share

Per payment (quarterly)$60.00
Annual$240.00
Monthly avg$20.00