Marriott International, Inc. (MAR) to Issue Quarterly Dividend of $0.73 on September 30th

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

Marriott International has increased its dividend by an average of 0.4%annually over the last three years and has increased its dividend every year for the last 3 years. Marriott International has a payout ratio of 25.7% indicating that its dividend is sufficiently covered by earnings. 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 0.0%

Shares of Marriott International stock opened at $356.57 on Tuesday. Marriott International has a 52 week low of $256.76 and a 52 week high of $410.98. The stock’s 50-day simple moving average is $373.49 and its 200-day simple moving average is $356.94. The company has a market capitalization of $92.98 billion, a price-to-earnings ratio of 36.95, a PEG ratio of 2.77 and a beta of 1.10.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $3.19 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. During the same period in the previous year, the firm earned $2.65 EPS. The firm’s revenue was up 4.8% compared to the same quarter last year. 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. On average, equities analysts expect that Marriott International will post 11.7 earnings per share for the current year.

Hedge Funds Weigh In On Marriott International

A number of large investors have recently added to or reduced their stakes in MAR. World Investment Advisors increased its stake in Marriott International by 130.8% during the 4th quarter. World Investment Advisors now owns 16,014 shares of the company’s stock worth $4,968,000 after buying an additional 9,075 shares during the period. Norges Bank purchased a new position in Marriott International in the fourth quarter worth approximately $812,570,000. Jefferies Financial Group Inc. grew its holdings in Marriott International by 183.7% during the 4th quarter. Jefferies Financial Group Inc. now owns 56,180 shares of the company’s stock worth $17,429,000 after acquiring an additional 36,380 shares in the last quarter. Caprock Group LLC lifted its position in shares of Marriott International by 21.9% during the 4th quarter. Caprock Group LLC now owns 16,806 shares of the company’s stock worth $5,214,000 after purchasing an additional 3,023 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of Marriott International by 62.7% during the fourth quarter. Hsbc Holdings PLC now owns 640,350 shares of the company’s stock worth $199,069,000 after buying an additional 246,681 shares during the period. 70.70% of the stock is currently owned by institutional investors and hedge funds.

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.