ILG Announces Dividend Increase
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MIAMI--(BUSINESS WIRE)-- ILG (Nasdaq: ILG) today announced that its Board of Directors declared a quarterly dividend of $0.175 per outstanding share of common stock, an increase of $0.025, or 16.7% from $0.15 per outstanding share paid last quarter. Payment will be made on March 30, 2018 to all stockholders of record on March 16, 2018.
About ILG
ILG (Nasdaq: ILG) is a leading provider of professionally delivered vacation experiences and the exclusive global licensee for the Hyatt®, Sheraton®, and Westin® brands in vacation ownership. The company offers its owners, members, and guests access to an array of benefits and services, as well as world-class destinations through its international portfolio of resorts and clubs. ILG’s operating businesses include Aqua-Aston Hospitality, Hyatt Vacation Ownership, Interval International, Trading Places International, Vacation Resorts International, VRI Europe, and Vistana Signature Experiences. Through its subsidiaries, ILG independently owns and manages the Hyatt Residence Club program and uses the Hyatt Vacation Ownership name and other Hyatt marks under license from affiliates of Hyatt Hotels Corporation. In addition, ILG’s Vistana Signature Experiences, Inc. is the exclusive provider of vacation ownership for the Sheraton and Westin brands and uses related trademarks under license from Starwood Hotels & Resorts Worldwide, LLC. Headquartered in Miami, Florida, ILG has offices in 15 countries and over 10,000 associates. For more information, visit www.ilg.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180221006492/en/
ILG
Investor Contact:
Lily Arteaga, 305-925-7302
Investor
Relations
[email protected]
or
Media
Contact:
Christine Boesch, 305-925-7267
Corporate
Communications
[email protected]
Source: ILG
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