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Wyndham Worldwide Corporation (WYN) will raise its quarterly dividend by 19.0 percent to $0.50 per share in 2016. This follows a 20.0 percent dividend hike by the hotel company last year.

Wyndham Worldwide Corporation is a hospitality company. The company operates through three segments: Hotel Group, Destination Network and Vacation Ownership. Its brands include Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites by Wyndham, TRYP by Wyndham, Dolce Hotels and Resorts, RCI, Landal GreenParks, Novasol, Hoseasons, cottages.com, James Villa Holidays, Wyndham Vacation Rentals, Wyndham Vacation Resorts, Shell Vacations Club and WorldMark by Wyndham.