Dividend Coverage: Travelport Worldwide Limited (NYSE:TVPT) gearing towards $0.08 dividends on Dec 15, 2016.

Dividend Coverage: Travelport Worldwide Limited (NYSE:TVPT) gearing towards $0.08 dividends on Dec 15, 2016.

Travelport Worldwide Limited (NYSE:TVPT) is expected to pay $0.08 on Dec 15, 2016. The indicated annual dividend is $0.30. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Travelport Worldwide Limited’s current price of $13.87, the dividend is 0.54%. This dividend’s record date is Dec 1, 2016 and the announcement date is Nov 4, 2016. The stock increased 0.14% or $0.02 on November 25, hitting $13.87. Travelport Worldwide Ltd (NYSE:TVPT) has declined 2.26% since April 25, 2016 and is downtrending. It has underperformed by 8.27% the S&P500.

Travelport Worldwide Limited provides a travel commerce platform, which offers distribution, technology, payment and other solutions for travel and tourism industry. The company has a market cap of $1.72 billion. The Firm connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business travel commerce platform. It has a 62.29 P/E ratio. It provides air distribution services to approximately 400 airlines around the globe, including approximately 120 low cost carriers (LCCs).

Travelport Worldwide Ltd (NYSE:TVPT) Ratings Coverage

Out of 3 analysts covering Travelport Worldwide Limited (NYSE:TVPT), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Travelport Worldwide Limited has been the topic of 3 analyst reports since December 22, 2015 according to StockzIntelligence Inc. Sterne Agee CRT reinitiated the stock with “Buy” rating in Wednesday, April 13 report. Suntrust Robinson initiated the shares of TVPT in a report on Tuesday, December 22 with “Neutral” rating.

More notable recent Travelport Worldwide Ltd (NYSE:TVPT) news were published by: Marketwatch.com which released: “Virtual Stock Exchange” on September 25, 2014, also Prnewswire.com with their article: “Travelport Worldwide Limited Reports Second Quarter 2016 Results” published on August 04, 2016, Prnewswire.com published: “Travelport Worldwide Limited Confirms Date and Time for Third Quarter 2016 …” on October 04, 2016. More interesting news about Travelport Worldwide Ltd (NYSE:TVPT) were released by: Bloomberg.com and their article: “Travelport Worldwide Gains in Debut After $480 Million IPO” published on September 25, 2014 as well as Prnewswire.com‘s news article titled: “Travelport Worldwide Limited Reports Fourth Quarter and Full Year 2015 Results” with publication date: February 18, 2016.

TVPT Company Profile

Travelport Worldwide Limited, incorporated on July 12, 2006, provides a travel commerce platform, which offers distribution, technology, payment and other solutions for travel and tourism industry. The Firm connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business (B2B) travel commerce platform. It provides air distribution services to approximately 400 airlines around the globe, including approximately 120 low cost carriers (LCCs). It distributes ancillaries for approximately 100 airlines. In addition, it serves various Beyond Air travel providers, including approximately 650,000 hotel properties (of which over 550,000 are independent hotel properties), over 36,000 car rental locations, approximately 60 cruise-line and tour operators, and over 10 rail networks across the world. It aggregates travel content across approximately 68,000 travel agency locations representing over 235,000 online and offline travel agency terminals across the world.

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