Marriott Vacations Worldwide Corporation (NYSE:VAC) Declares Quarterly Dividend of $0.80

Marriott Vacations Worldwide Corporation (NYSE:VAC) declared a quarterly dividend on Thursday, May 14th. Shareholders of record on Wednesday, May 27th will be given a dividend of 0.80 per share on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Wednesday, May 27th.

Marriott Vacations Worldwide has increased its dividend by an average of 0.4%annually over the last three years and has increased its dividend every year for the last 1 years. Marriott Vacations Worldwide has a payout ratio of 41.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Marriott Vacations Worldwide to earn $7.87 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 40.7%.

Marriott Vacations Worldwide Stock Performance

Shares of NYSE VAC traded down $1.29 during midday trading on Friday, reaching $70.89. The company had a trading volume of 129,764 shares, compared to its average volume of 573,819. The business’s 50-day simple moving average is $70.21 and its 200 day simple moving average is $61.84. The stock has a market cap of $2.43 billion, a P/E ratio of -7.03, a P/E/G ratio of 1.66 and a beta of 1.20. Marriott Vacations Worldwide has a 1 year low of $44.58 and a 1 year high of $86.33. The company has a current ratio of 3.30, a quick ratio of 2.77 and a debt-to-equity ratio of 2.80.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Marriott Vacations Worldwide had a positive return on equity of 11.37% and a negative net margin of 6.72%.The company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.66 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, analysts forecast that Marriott Vacations Worldwide will post 7.24 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.

The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.