Marriott Vacations Worldwide Corporation Announces Increased Quarterly Cash Dividend
December 06 2024 - 10:23AM
Business Wire
Marriott Vacations Worldwide Corporation (NYSE: VAC) today
announced its Board of Directors authorized a quarterly cash
dividend of $0.79 per share of common stock, an increase of 4% over
the Company’s prior dividend.
“The dividend increase reflects our confidence in our leisure
focused business strategy and growth potential, and upholds our
continued commitment to providing value to our shareholders,” said
Jason Marino, chief financial officer.
The dividend is payable on or around January 3, 2025, to
stockholders of record as of the close of business on December 19,
2024.
About Marriott Vacations Worldwide Corporation
Marriott Vacations Worldwide Corporation is a leading global
vacation company that offers vacation ownership, exchange, rental
and resort and property management, along with related businesses,
products, and services. The Company has approximately 120 vacation
ownership resorts and approximately 700,000 owner families in a
diverse portfolio that includes some of the most iconic vacation
ownership brands. The Company also operates an exchange network and
membership programs comprised of more than 3,200 affiliated resorts
in over 90 countries and territories, and provides management
services to other resorts and lodging properties. As a leader and
innovator in the vacation industry, the Company upholds the highest
standards of excellence in serving its customers, investors and
associates while maintaining exclusive, long-term relationships
with Marriott International, Inc. and an affiliate of Hyatt Hotels
Corporation for the development, sales and marketing of vacation
ownership products and services. For more information, please visit
www.marriottvacationsworldwide.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241205187314/en/
Neal Goldner Investor Relations 407-206-6149
neal.goldner@mvwc.com
Cameron Klaus Global Communications
407-513-6606 cameron.klaus@mvwc.com
Marriott Vacations World... (NYSE:VAC)
Historical Stock Chart
From Nov 2024 to Dec 2024
Marriott Vacations World... (NYSE:VAC)
Historical Stock Chart
From Dec 2023 to Dec 2024