Marriott International, Inc. (NASDAQ:MAR) to Issue Dividend Increase – $0.73 Per Share

Marriott International, Inc. (NASDAQ:MAR) declared a quarterly dividend on Friday, May 8th. Stockholders of record on Friday, May 22nd will be given a dividend of 0.73 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, May 22nd. This is a 9.0% increase from Marriott International’s previous quarterly dividend of $0.67.

Marriott International has raised its dividend by an average of 0.4%annually over the last three years and has increased its dividend annually for the last 3 consecutive years. Marriott International has a dividend payout ratio of 25.7% meaning its dividend is sufficiently covered by earnings. Analysts expect Marriott International to earn $13.25 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 22.0%.

Marriott International Stock Down 0.1%

NASDAQ MAR opened at $358.69 on Wednesday. The stock has a market cap of $94.58 billion, a P/E ratio of 37.64, a PEG ratio of 2.86 and a beta of 1.11. The company’s 50-day simple moving average is $344.70 and its 200 day simple moving average is $324.71. Marriott International has a twelve month low of $253.55 and a twelve month high of $380.00.

Marriott International (NASDAQ:MAR) last posted its earnings results on Wednesday, May 6th. The company reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.16. The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $6.59 billion. Marriott International had a net margin of 9.72% and a negative return on equity of 80.97%. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.32 earnings per share. Marriott International has set its FY 2026 guidance at 11.380-11.630 EPS and its Q2 2026 guidance at 2.990-3.060 EPS. Research analysts anticipate that Marriott International will post 11.65 earnings per share for the current 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.