Marriott International, Inc. (NASDAQ:MAR – Get Free Report) declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Thursday, August 20th will be paid a dividend of 0.73 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, August 20th.
Marriott International has increased its dividend by an average of 0.4%annually over the last three years and has increased its dividend every year for the last 3 years. Marriott International has a payout ratio of 25.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Marriott International to earn $13.34 per share next year, which means the company should continue to be able to cover its $2.92 annual dividend with an expected future payout ratio of 21.9%.
Marriott International Stock Performance
Shares of Marriott International stock opened at $353.91 on Friday. Marriott International has a one year low of $256.49 and a one year high of $410.98. The company has a market cap of $92.29 billion, a P/E ratio of 36.67, a PEG ratio of 2.79 and a beta of 1.10. The firm has a fifty day moving average of $377.05 and a two-hundred day moving average of $355.24.
About Marriott International
Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.
The company traces its roots to the hospitality business founded by J.
See Also
- Five stocks we like better than Marriott International
- MarketBeat Week in Review – 08/03 – 08/07
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
Receive News & Ratings for Marriott International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott International and related companies with MarketBeat.com's FREE daily email newsletter.
