Marcus Corporation (The) (MCS) To Go Ex-Dividend on August 25th

Marcus Corporation (The) (NYSE:MCS) announced a quarterly dividend on Tuesday, August 4th. Investors of record on Tuesday, August 25th will be given a dividend of 0.09 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, August 25th. This is a 12.5% increase from Marcus’s previous quarterly dividend of $0.08.

Marcus 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 2 consecutive years. Marcus has a payout ratio of 47.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Marcus to earn $1.46 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 21.9%.

Marcus Stock Down 1.1%

Shares of MCS opened at $30.77 on Thursday. The firm has a market cap of $945.56 million, a P/E ratio of 43.34, a P/E/G ratio of 2.56 and a beta of 0.51. The stock has a 50 day simple moving average of $23.24 and a two-hundred day simple moving average of $19.24. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.44 and a quick ratio of 0.44. Marcus has a 1 year low of $12.85 and a 1 year high of $32.42.

Marcus (NYSE:MCS) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.35 by $0.16. The firm had revenue of $231.74 million for the quarter, compared to the consensus estimate of $217.72 million. Marcus had a net margin of 2.87% and a return on equity of 2.67%. On average, analysts forecast that Marcus will post 0.81 earnings per share for the current fiscal year.

About Marcus

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names. The company also owns and operates full-service hotels and resorts, as well as manages full-service hotels, resorts, and other properties. In addition, it provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development; and manages condominium hotels under long-term management contracts.