Marriott International, Inc. (NASDAQ:MAR) Plans $0.67 Quarterly Dividend

Marriott International, Inc. (NASDAQ:MAR) declared a quarterly dividend on Thursday, February 12th. Shareholders of record on Thursday, February 26th will be given a dividend of 0.67 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, February 26th.

Marriott International has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 3 consecutive years. Marriott International has a dividend payout ratio of 23.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Marriott International to earn $11.70 per share next year, which means the company should continue to be able to cover its $2.68 annual dividend with an expected future payout ratio of 22.9%.

Marriott International Price Performance

Shares of NASDAQ:MAR opened at $355.08 on Friday. The company has a market capitalization of $94.09 billion, a PE ratio of 37.42, a price-to-earnings-growth ratio of 3.15 and a beta of 1.13. Marriott International has a 1 year low of $205.40 and a 1 year high of $370.00. The business has a fifty day moving average price of $317.04 and a two-hundred day moving average price of $287.67.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $2.58 earnings per share for the quarter, missing the consensus estimate of $2.61 by ($0.03). Marriott International had a net margin of 9.93% and a negative return on equity of 84.23%. The company had revenue of $6.69 billion for the quarter, compared to the consensus estimate of $6.67 billion. During the same quarter in the previous year, the company posted $2.45 EPS. Marriott International’s quarterly revenue was up 4.1% compared to the same quarter last year. Marriott International has set its FY 2026 guidance at 11.320-11.570 EPS and its Q1 2026 guidance at 2.500-2.550 EPS. Sell-side analysts anticipate that Marriott International will post 10.1 earnings per share for the current year.

Insiders Place Their Bets

In other Marriott International news, CAO Felitia Lee sold 1,617 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $305.98, for a total value of $494,769.66. Following the sale, the chief accounting officer owned 4,893 shares of the company’s stock, valued at $1,497,160.14. This trade represents a 24.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 10.68% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Marriott International

Several hedge funds have recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of Marriott International during the 4th quarter worth $812,570,000. Wellington Management Group LLP increased its position in shares of Marriott International by 21.7% during the 3rd quarter. Wellington Management Group LLP now owns 9,175,377 shares of the company’s stock valued at $2,389,635,000 after purchasing an additional 1,637,119 shares during the last quarter. Boston Partners bought a new stake in Marriott International in the 2nd quarter worth approximately $196,579,000. Massachusetts Financial Services Co. MA boosted its stake in Marriott International by 7.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,921,767 shares of the company’s stock worth $1,281,825,000 after buying an additional 330,952 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its position in Marriott International by 27,221.0% during the second quarter. Laurel Wealth Advisors LLC now owns 315,558 shares of the company’s stock valued at $86,214,000 after acquiring an additional 314,403 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors.

About Marriott International

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.