Invest in hospitality two different ways

Studies show that both a spinoff and its parent company perform better than comparable firms for several years following their split. That’s especially so with industry leaders like these two.
WYNDHAM DESTINATIONS $37.47 (New York symbol WYND; TSI Rating: Extra Risk) (973-753-6000; www.wyndhamdestinations.com; Shares outstanding: 97.5 million; Market… Read More

Dividend Advisor Hotline – Friday, October 19, 2018

SNC-LAVALIN GROUP INC., $46.91, Toronto symbol SNC, is a leading Canadian engineering and construction company that specializes in large-scale infrastructure projects such as roads, bridges, transit systems and water-treatment plants.

SNC last raised its quarterly dividend with the March 2018 payment. Investors now receive $0.287 a.. Read More

Boomers benefit these two buys

On June 1, 2018, Wyndham Worldwide completed its spinoff of Wyndham Hotels (see page 82). Shareholders received one share of the new company for each share they held. The name of the remaining firm was then changed to Wyndham Destinations.
The split will let both firms… Read More

Both this parent and spinoff are buys

Studies show that both a spinoff and its parent company perform better than comparable firms for several years following their split. That’s especially so with industry leaders like these two.
WYNDHAM DESTINATIONS $42.92 (New York symbol WYND; TSI Rating: Extra Risk) (973-753-6000; www.wyndhamdestinations.com; Shares outstanding: 99.4 million; Market… Read More