The Marcus Corporation Declares Quarterly Dividend

Rhea-AI Summary

MCS: The Marcus Corporation Declares $0.07 Quarterly Cash Dividend on Common Stock. Board of Directors also declares $0.064 dividend on Class B common stock, payable on December 15, 2023.

Positive

• The Marcus Corporation continues to provide value to its shareholders through regular quarterly cash dividends, demonstrating financial stability and commitment to investor returns.

Negative

• None.

MILWAUKEE--(BUSINESS WIRE)-- Directors of The Marcus Corporation (NYSE: MCS) today declared a regular quarterly cash dividend of $0.07 per share of common stock. The dividend will be paid December 15, 2023, to shareholders of record on November 27, 2023.

The Board of Directors also declared a dividend of $0.064 per share on the Class B common stock. The dividend on the Class B common stock, which is not publicly traded, will also be paid December 15, 2023, to shareholders of record on November 27, 2023.

About The Marcus Corporation

Headquartered in Milwaukee, The Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. The Marcus Corporation’s theatre division, Marcus Theatres^®, is the fourth largest theatre circuit in the U.S. and currently owns or operates 993 screens at 79 locations in 17 states under the Marcus Theatres, Movie Tavern^® by Marcus and BistroPlex^® brands. The company’s lodging division, Marcus^® Hotels & Resorts, owns and/or manages 15 hotels, resorts and other properties in eight states. For more information, please visit the company’s website at www.marcuscorp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231106855264/en/

Thomas F. Kissinger

(414) 905-1390

Source: The Marcus Corporation

FAQ

What is the dividend amount declared by The Marcus Corporation for its common stock?

The Marcus Corporation declared a regular quarterly cash dividend of $0.07 per share of common stock.

When will the dividend be paid to shareholders of The Marcus Corporation?

The dividend will be paid on December 15, 2023, to shareholders of record on November 27, 2023.

What is the dividend amount declared for the Class B common stock of The Marcus Corporation?

The Board of Directors declared a dividend of $0.064 per share on the Class B common stock, also payable on December 15, 2023.

Is the Class B common stock of The Marcus Corporation publicly traded?

No, the Class B common stock of The Marcus Corporation is not publicly traded.