Marriott Vacations Worldwide Corporation (VAC) to Issue Quarterly Dividend of $0.80 on September 30th

Marriott Vacations Worldwide Corporation (NYSE:VAC – Get Free Report) announced a quarterly dividend on Wednesday, September 2nd. Stockholders of record on Wednesday, September 16th will be paid a dividend of 0.80 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Wednesday, September 16th.

Marriott Vacations Worldwide has raised its dividend by an average of 0.4%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Marriott Vacations Worldwide has a dividend payout ratio of 41.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Marriott Vacations Worldwide to earn $9.07 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 35.3%.

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Marriott Vacations Worldwide Stock Down 0.7%

NYSE VAC opened at $99.30 on Friday. The stock has a 50 day moving average price of $105.00 and a 200-day moving average price of $85.22. Marriott Vacations Worldwide has a one year low of $44.58 and a one year high of $131.34. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.99 and a current ratio of 3.56. The company has a market capitalization of $3.42 billion, a P/E ratio of -10.20, a P/E/G ratio of 1.91 and a beta of 1.24.

Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $2.31 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.34. The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. Marriott Vacations Worldwide’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.96 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. As a group, equities analysts predict that Marriott Vacations Worldwide will post 8.7 EPS for the current fiscal year.

About Marriott Vacations Worldwide

(Get Free Report)

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.

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