Marcus Corporation (The) (MCS) to Issue Quarterly Dividend of $0.09 on December 15th

Marcus Corporation (The) (NYSE:MCS) declared a quarterly dividend on Wednesday, November 4th. Shareholders of record on Wednesday, November 25th will be paid a dividend of $0.09 per share on Tuesday, December 15th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, November 25th.

Marcus has raised its dividend payment by an average of 0.1% per year over the last three years and has raised its dividend every year for the last 2 years. Marcus has a payout ratio of 53.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Marcus to earn $0.95 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 37.9%.

Marcus Trading Down 4.3%

MCS opened at $26.85 on Friday. Marcus has a twelve month low of $14.63 and a twelve month high of $32.42. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.33. The company has a 50-day simple moving average of $27.74 and a 200 day simple moving average of $22.18. The stock has a market capitalization of $827.91 million, a price-to-earnings ratio of 33.99, a P/E/G ratio of 1.37 and a beta of 0.58.

Marcus (NYSE:MCS) last issued its earnings results on Thursday, October 29th. The company reported $0.60 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.60. The firm had revenue of $237.75 million for the quarter, compared to analyst estimates of $235.65 million. Marcus had a net margin of 3.08% and a return on equity of 3.84%. Analysts predict that Marcus will post 0.82 EPS for the current fiscal year.

About Marcus

Marcus Corporation (NYSE: MCS) is an entertainment and hospitality company headquartered in Milwaukee, Wisconsin. Its principal businesses are conducted through Marcus Theatres and Marcus Hotels & Resorts.

Marcus Theatres operates movie theaters in the United States, primarily across the Midwest, under brands that include Marcus Theatres and Movie Tavern. Its theater operations offer film screenings, reserved seating, premium viewing formats, food and beverage service, and other cinema-related experiences.

Marcus Hotels & Resorts owns, manages, or operates hotels, resorts, restaurants, and related hospitality facilities in the United States.