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MARRIOTT INTERNATIONAL DECLARES QUARTERLY CASH DIVIDEND

Marriott International (Nasdaq: MAR) has announced a quarterly cash dividend of 63 cents per share of common stock.

(Neutral)

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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 payable on September 30, 2024, to shareholders of record as of the close of business on August 16, 2024. Marriott International, based in Bethesda, Maryland, USA, operates a portfolio of nearly 9,000 properties across more than 30 brands in 141 countries and territories. The company offers Marriott Bonvoy®, its highly awarded travel program, and encourages interested parties to review information posted on its investor relations website and news center for potential material updates.

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Positive

  • Consistent quarterly dividend payment of 63 cents per share
  • Extensive global portfolio with 9,000 properties across 30+ brands
  • Presence in 141 countries and territories

Negative

  • None.
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-1.09% session move Open Argus
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News Market Reaction – MAR

The recorded move for MAR in the trading session of this news was -1.09%.

Data tracked by StockTitan Argus. Session date unavailable.

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BETHESDA, Md., Aug. 2, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today announced that its board of directors declared a quarterly cash dividend of 63 cents per share of common stock. The dividend is payable on September 30, 2024, to shareholders of record as of the close of business on August 16, 2024.

Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 9,000 properties across more than 30 leading brands in 141 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly awarded travel program.  For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.  In addition, connect with us on Facebook and @MarriottIntl on X and Instagram.

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.

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Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/marriott-international-declares-quarterly-cash-dividend-302213710.html

SOURCE Marriott International, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the amount of Marriott International's (MAR) quarterly dividend for 2024?

Marriott International (MAR) has declared a quarterly cash dividend of 63 cents per share of common stock for 2024.

When is the payment date for Marriott International's (MAR) latest dividend?

The dividend is payable on September 30, 2024, to shareholders of record as of the close of business on August 16, 2024.

How many properties does Marriott International (MAR) currently operate?

Marriott International (MAR) operates a portfolio of nearly 9,000 properties across more than 30 leading brands in 141 countries and territories.

What is Marriott International's (MAR) travel program called?

Marriott International (MAR) offers Marriott Bonvoy®, its highly awarded travel program.

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