Marriott Vacations Worldwide Corporation (NYSE:VAC) Announces Quarterly Dividend of $0.80

Marriott Vacations Worldwide Corporation (NYSE:VAC) announced a quarterly dividend on Thursday, May 14th. Stockholders of record on Wednesday, May 27th will be given a dividend of 0.80 per share on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Wednesday, May 27th.

Marriott Vacations Worldwide has increased its dividend payment by an average of 0.4%annually over the last three years and has raised its dividend every year for the last 1 years. Marriott Vacations Worldwide has a payout ratio of 41.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Marriott Vacations Worldwide to earn $7.87 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 40.7%.

Marriott Vacations Worldwide Stock Performance

Shares of VAC traded down $1.47 on Friday, reaching $70.72. 139,046 shares of the stock traded hands, compared to its average volume of 573,937. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of -7.02, a P/E/G ratio of 1.66 and a beta of 1.20. The company has a debt-to-equity ratio of 2.80, a current ratio of 3.30 and a quick ratio of 2.77. Marriott Vacations Worldwide has a 12 month low of $44.58 and a 12 month high of $86.33. The stock’s 50-day moving average price is $70.21 and its 200-day moving average price is $61.84.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). Marriott Vacations Worldwide had a negative net margin of 6.72% and a positive return on equity of 11.37%. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the firm posted $1.66 earnings per share. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. Equities analysts forecast that Marriott Vacations Worldwide will post 7.24 EPS for the current fiscal year.

Insider Activity

In other news, insider Michael Flaskey purchased 14,862 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were acquired at an average price of $67.26 per share, with a total value of $999,618.12. Following the completion of the purchase, the insider directly owned 14,862 shares of the company’s stock, valued at $999,618.12. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 13.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Large investors have recently made changes to their positions in the company. Advisory Services Network LLC acquired a new position in shares of Marriott Vacations Worldwide during the third quarter valued at $27,000. IFP Advisors Inc increased its holdings in Marriott Vacations Worldwide by 1,828.0% in the third quarter. IFP Advisors Inc now owns 482 shares of the company’s stock valued at $32,000 after purchasing an additional 457 shares during the last quarter. International Assets Investment Management LLC increased its holdings in Marriott Vacations Worldwide by 877.2% in the first quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock valued at $38,000 after purchasing an additional 500 shares during the last quarter. Leonteq Securities AG bought a new stake in Marriott Vacations Worldwide in the fourth quarter valued at about $35,000. Finally, Kestra Advisory Services LLC bought a new stake in Marriott Vacations Worldwide in the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.

The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.