Marriott International, Inc. (NASDAQ:MAR) Plans $0.73 Quarterly Dividend

Key Points

• Marriott declared a quarterly dividend of $0.73 per share, payable September 30 to shareholders of record on August 20, implying an annualized dividend of $2.92 and a 0.8% yield.
• The dividend appears well covered, with a current payout ratio of 25.7% and an expected future payout ratio of 21.9%; Marriott has raised its dividend for three consecutive years.
• Marriott’s latest quarterly EPS of $3.19 exceeded analyst expectations of $3.08, while revenue rose 4.8% year over year; its shares recently traded down 1.0% at $356.19.

Marriott International, Inc. (NASDAQ:MAR - Get Free Report) declared a quarterly dividend on Thursday, August 6th. Stockholders of record on Thursday, August 20th will be given a dividend of 0.73 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 20th.

Marriott International has raised its dividend by an average of 0.4%per year over the last three years and has increased its dividend every year for the last 3 years. Marriott International has a dividend payout ratio of 25.7% meaning its dividend is sufficiently covered by earnings. Equities research 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 Down 1.0%

NASDAQ:MAR traded down $3.48 during trading hours on Friday, reaching $356.19. 750,129 shares of the company's stock were exchanged, compared to its average volume of 1,579,870. Marriott International has a 12 month low of $256.49 and a 12 month high of $410.98. The company has a market capitalization of $92.88 billion, a P/E ratio of 36.92, a price-to-earnings-growth ratio of 2.80 and a beta of 1.10. The business's 50-day simple moving average is $377.49 and its two-hundred day simple moving average is $355.25.

Marriott International (NASDAQ:MAR - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping the consensus estimate of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The business had revenue of $2.01 billion during the quarter, compared to analysts' expectations of $7.19 billion. Marriott International's revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.65 earnings per share. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. As a group, sell-side analysts anticipate that Marriott International will post 11.7 earnings per share for the current fiscal year.

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.

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