Marriott International, Inc. (NASDAQ:MAR) Announces $0.67 Quarterly Dividend

Marriott International, Inc. (NASDAQ:MAR) announced a quarterly dividend on Thursday, November 6th. Investors of record on Thursday, November 20th will be given a dividend of 0.67 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th.

Marriott International has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Marriott International has a dividend payout ratio of 23.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Marriott International to earn $11.70 per share next year, which means the company should continue to be able to cover its $2.68 annual dividend with an expected future payout ratio of 22.9%.

Marriott International Stock Up 2.5%

Shares of MAR traded up $7.04 during midday trading on Friday, reaching $288.18. 421,901 shares of the stock were exchanged, compared to its average volume of 1,627,712. Marriott International has a twelve month low of $205.40 and a twelve month high of $307.52. The company has a market cap of $78.23 billion, a P/E ratio of 30.44, a PEG ratio of 2.92 and a beta of 1.36. The stock’s 50 day simple moving average is $266.14 and its 200 day simple moving average is $264.57.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.38 by $0.09. Marriott International had a net margin of 10.07% and a negative return on equity of 89.29%. The firm had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $6.46 billion. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. As a group, analysts predict that Marriott International will post 10.1 earnings per share for the current year.

Marriott International announced that its Board of Directors has initiated a share buyback program on Thursday, August 7th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

Marriott International Company Profile

Marriott International, Inc engages in operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. It operates its properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Fairfield by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, City Express by Marriott, and St.