Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The company manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and Marriott Vacation Club Pulse brands. It also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. In addition, the company offers exchange networks and membership programs, as well as provision of management services to other resorts and lodging properties through various brands, including Interval International, Trading Places International, Vacation Resorts International, and Aqua-Aston. As of December 31, 2021, the company operated approximately 120 properties in the United States and thirteen other countries and territories. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.
Marriott Vacations Worldwide Dividend Announcement
• Marriott Vacations Worldwide announced a quarterly dividend of $0.76 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-09-19
• Marriott Vacations Worldwide annual dividend for 2024 was $2.28
• Marriott Vacations Worldwide annual dividend for 2023 was $2.92
• Marriott Vacations Worldwide's trailing twelve-month (TTM) dividend yield is 3.24%
• Marriott Vacations Worldwide's payout ratio for the trailing twelve months (TTM) is 92.61%
• Marriott Vacations Worldwide's dividend growth over the last five years (2018-2023) was 12.09% year
Marriott Vacations Worldwide Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | $0.76 | quarterly | 2024-10-03 |
2024-05-22 | $0.76 | quarterly | |
2024-02-28 | $0.76 | quarterly | 2024-03-14 |
2023-12-20 | $0.76 | quarterly | 2024-01-04 |
2023-09-20 | $0.72 | quarterly | 2023-10-05 |
2023-05-24 | $0.72 | quarterly | 2023-06-08 |
2023-03-01 | $0.72 | quarterly | 2023-03-16 |
2022-12-21 | $0.72 | quarterly | 2023-01-05 |
2022-09-21 | $0.62 | quarterly | 2022-10-06 |
2022-05-25 | $0.62 | quarterly | 2022-06-09 |
2022-03-02 | $0.62 | quarterly | 2022-03-17 |
2021-12-22 | $0.54 | quarterly | 2022-01-06 |
2021-09-22 | $0.54 | quarterly | 2021-10-07 |
2020-02-26 | $0.54 | quarterly | 2020-03-12 |
2019-12-20 | $0.54 | quarterly | 2020-01-06 |
2019-09-18 | $0.45 | quarterly | 2019-10-03 |
2019-05-22 | $0.45 | quarterly | 2019-06-06 |
2019-02-27 | $0.45 | quarterly | 2019-03-14 |
2018-12-19 | $0.45 | quarterly | 2019-01-03 |
2018-09-19 | $0.40 | quarterly | 2018-10-04 |
2018-05-24 | $0.40 | quarterly | 2018-06-11 |
2018-02-28 | $0.40 | quarterly | 2018-03-15 |
2017-12-20 | $0.40 | quarterly | 2018-01-04 |
2017-09-20 | $0.35 | quarterly | 2017-10-05 |
2017-05-23 | $0.35 | quarterly | 2017-06-08 |
2017-02-21 | $0.35 | quarterly | 2017-03-09 |
2016-12-20 | $0.35 | quarterly | 2017-01-04 |
2016-09-20 | $0.30 | quarterly | 2016-10-06 |
2016-05-24 | $0.30 | quarterly | 2016-06-09 |
2016-02-23 | $0.30 | quarterly | 2016-03-10 |
2015-12-17 | $0.30 | quarterly | 2016-01-06 |
2015-09-22 | $0.25 | quarterly | 2015-10-08 |
2015-06-16 | $0.25 | quarterly | 2015-07-02 |
2015-02-24 | $0.25 | quarterly | 2015-03-11 |
2014-10-24 | $0.25 | quarterly | 2014-11-12 |
Marriott Vacations Worldwide Dividend per year
Marriott Vacations Worldwide Dividend growth
Marriott Vacations Worldwide Dividend Yield
Marriott Vacations Worldwide current trailing twelve-month (TTM) dividend yield is 3.24%. Interested in purchasing Marriott Vacations Worldwide stock? Use our calculator to estimate your expected dividend yield:
Marriott Vacations Worldwide Financial Ratios
Marriott Vacations Worldwide Dividend FAQ
Other factors to consider when evaluating Marriott Vacations Worldwide as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Marriott Vacations Worldwide's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Marriott Vacations Worldwide publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Marriott Vacations Worldwide distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Marriott Vacations Worldwide are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Marriott Vacations Worldwide sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Marriott Vacations Worldwide distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Marriott Vacations Worldwide declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Marriott Vacations Worldwide's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Marriott Vacations Worldwide's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.