Marriot International (MAR) Ex-Dividend Date Scheduled for August 20, 2013


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Marriot International ( MAR ) will begin trading ex-dividend on August 20, 2013. A cash dividend payment of $0.17 per share is scheduled to be paid on September 27, 2013. Shareholders who purchased MAR stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 30.77% increase over the same period a year ago. At the current stock price of $40.51, the dividend yield is 1.68%.

The previous trading day's last sale of MAR was $40.51, representing a -8.88% decrease from the 52 week high of $44.45 and a 19.38% increase over the 52 week low of $33.93.

MAR is a part of the Consumer Services sector, which includes companies such as Las Vegas Sands Corp. ( LVS ) and Melco Crown Entertainment Limited ( MPEL ). MAR's current earnings per share, an indicator of a company's profitability, is $2. Zacks Investment Research reports MAR's forecasted earnings growth in 2013 as 15.82%, compared to an industry average of 20.5%.

For more information on the declaration, record and payment dates, visit the MAR Dividend History page.

Interested in gaining exposure to MAR through an Exchange Traded Fund [ETF]?
The following ETF(s) have MAR as a top-10 holding:

  • PowerShares S&P 500 High Beta Portfolio ( SPHB ).

The top-performing ETF of this group is SPHB with an increase of 9.79% over the last 100 days. It also has the highest percent weighting of MAR at 0.79%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: LVS , MAR , MPEL , SPHB

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