Marriott Vacations (VAC) authorized a quarterly cash dividend of 79c 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, CFO. The dividend is payable on or around January 3, 2025, to stockholders of record as of the close of business on December 19.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on VAC:
- Marriott Vacations price target raised to $142 from $139 at Truist
- Marriott Vacations price target raised to $112 from $102 at Stifel
- Marriott Vacations price target raised to $115 from $90 at JMP Securities
- Marriott Vacations price target raised to $97 from $74 at Barclays
- Marriott Vacations Reports Solid Growth in Q3 2024
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
