Active Stocks in Review: Douglas Emmett, Inc.(NYSE:DEI), Wyndham Worldwide Corporation(NYSE:WYN)

Shares of Douglas Emmett, Inc. (NYSE:DEI), inclined 1.59% to $30.03, during its current trading session.


Douglas Emmett, Inc., a real estate investment trust, owns and operates office and multifamily properties in California and Hawaii. As of December 31, 2007, the company’s office portfolio comprised of 48 properties and multifamily portfolio comprised of 9 properties.

Douglas Emmett, Inc. (DEI), a real estate investment trust (REIT), declared recently that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.21, or $0.84 on an annualized basis. The dividend will be paid on October 15, 2015 to shareholders of record as of September 30, 2015.

Wyndham Worldwide Corporation (NYSE:WYN), during its Monday’s current trading session gained 1.13% to $76.79.

Wyndham Worldwide Corporation (WYN) declared the pricing of the public offering of $350 million aggregate principal amount of its senior unsecured notes due 2025 (the “notes”). The notes offering is predictable to close on September 15, 2015. The closing of the notes offering is subject to customary and market conditions. The Company intends to use the net proceeds of this offering for the repayment, redemption, repurchase, defeasance or other retirement of certain outstanding indebtedness, counting commercial paper and debt outstanding under its revolving credit facility, and for general corporate purposes.

The notes will bear interest at the rate of 5.100% per year. The interest rate payable on the notes will be subject to adjustments from time to time if there are downgrades to the credit ratings assigned to the notes. Interest will be payable semi-annually on April 1 and October 1 of each year, commencing April 1, 2016. The notes will mature on October 1, 2025. The notes were offered to the public at a price of 99.966% of the principal amount.

Wyndham Worldwide Corporation provides hospitality services and products to individual consumers and business customers worldwide. It operates three in segments: Lodging, Vacation Exchange, and Rentals, and Vacation Ownership. of Douglas Emmett, Inc. (NYSE:DEI), slanted 1.59% to $30.03, amid its present exchanging session.

Douglas Emmett, Inc. (DEI), a land speculation trust (REIT), proclaimed as of late that its Board of Directors has announced a quarterly money profit on every offer of its basic supply of $0.21, or $0.84 on an annualized premise. The profit will be paid on October 15, 2015 to shareholders of record as of September 30, 2015.

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This article contains an advanced information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as well as statements regarding the forseeable frequent growth of the market for the corporation’s products, the corporation’s capability to fund its capital requirement in the close-to term and in the long term; pricing pressures; etc.

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About the Author

Tanya Jones
Tanya is a senior reporter for JBH News Sports & Tech section. She graduated from York College, City University of New York in 2012.