Marriott International Declares Quarterly Cash Dividend
Rhea-AI Summary
Marriott International (Nasdaq: MAR) has announced a quarterly cash dividend of 63 cents per share of common stock. The dividend will be paid on March 31, 2025, to shareholders of record as of the close of business on February 27, 2025.
The company currently operates a portfolio of over 9,300 properties across more than 30 leading brands in 144 countries and territories. Marriott's business model includes operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. The company also offers Marriott Bonvoy®, its travel platform.
Positive
- Consistent dividend payment demonstrates financial stability
- Large global presence with 9,300+ properties across 144 countries
- Diversified revenue streams through operations, franchising, and licensing
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, MAR declined 1.64%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Marriott International, Inc. (Nasdaq: MAR) is based in
Marriott encourages investors, the media, and others interested in the company to review and subscribe to the information Marriott posts on its investor relations website at www.marriott.com/investor or Marriott's news center website at www.marriottnewscenter.com, which may be material. The contents of these websites are not incorporated by reference into this press release or any report or document Marriott files with the SEC, and any references to the websites are intended to be inactive textual references only.
IRPR#1
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SOURCE Marriott International, Inc.