Marcus Corporation (The) (NYSE:MCS) Shareholders to Collect $0.09 Quarterly Dividend

Marcus Corporation (The) (NYSE:MCS) announced a quarterly dividend on Wednesday, November 4th. Shareholders of record on Wednesday, November 25th will be given a dividend of $0.09 per share on Tuesday, December 15th. This represents a $0.36 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, November 25th.

Marcus has raised its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend annually for the last 2 consecutive years. Marcus has a payout ratio of 53.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Marcus to earn $0.94 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 38.3%.

Marcus Stock Up 2.7%

NYSE MCS opened at $27.98 on Thursday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.33. The stock’s 50 day moving average is $27.80 and its 200 day moving average is $22.13. Marcus has a 12 month low of $14.63 and a 12 month high of $32.42. The stock has a market cap of $862.75 million, a PE ratio of 35.42, a P/E/G ratio of 1.35 and a beta of 0.58.

Marcus (NYSE:MCS) last posted its earnings results on Thursday, October 29th. The company reported $0.60 earnings per share for the quarter, meeting the consensus estimate of $0.60. The company had revenue of $237.75 million during the quarter, compared to analysts’ expectations of $235.65 million. Marcus had a net margin of 3.08% and a return on equity of 3.84%. Research analysts predict that Marcus will post 0.81 EPS for the current fiscal year.

Marcus Company Profile

Marcus Corporation (NYSE: MCS) is an entertainment and hospitality company headquartered in Milwaukee, Wisconsin. Its principal businesses are conducted through Marcus Theatres and Marcus Hotels & Resorts.

Marcus Theatres operates movie theaters in the United States, primarily across the Midwest, under brands that include Marcus Theatres and Movie Tavern. Its theater operations offer film screenings, reserved seating, premium viewing formats, food and beverage service, and other cinema-related experiences.

Marcus Hotels & Resorts owns, manages, or operates hotels, resorts, restaurants, and related hospitality facilities in the United States.