Marriott (MAR) Rewards Investors With 21% Dividend Hike
MARMarriott International(MAR) Zacks Investment Research·2024-05-14 01:01

Marriott International, Inc. (MAR) recently boosted investors’ sentiments with a 21.2% hike in its quarterly cash dividend payments. The board of directors of this worldwide hospitality company approved a quarterly dividend payout of 63 cents per share (2.52pershareannually),upfromthepreviousdividendpayoutof52centspershare(2.52 per share annually), up from the previous dividend payout of 52 cents per share (2.08 per share annually). The amount will be paid out on Jun 28, 2024, to shareholders of record as of May 24. Based on the closing price of $240.46 per share on May 10, ...