Marriott Vacations Worldwide Corporation (VAC) To Go Ex-Dividend on September 16th

Marriott Vacations Worldwide Corporation (NYSE:VAC) announced a quarterly dividend on Wednesday, September 2nd. Investors of record on Wednesday, September 16th will be given a dividend of 0.80 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Wednesday, September 16th.

Marriott Vacations Worldwide has increased its dividend by an average of 0.4%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Marriott Vacations Worldwide has a payout ratio of 41.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Marriott Vacations Worldwide to earn $9.43 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 33.9%.

Marriott Vacations Worldwide Stock Performance

Shares of VAC stock opened at $103.40 on Monday. The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of -10.62, a PEG ratio of 1.97 and a beta of 1.24. The company has a current ratio of 3.56, a quick ratio of 2.99 and a debt-to-equity ratio of 2.65. The business’s 50-day moving average price is $105.30 and its 200-day moving average price is $87.17. Marriott Vacations Worldwide has a 12 month low of $44.58 and a 12 month high of $131.34.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings data on Thursday, August 6th. The company reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.34. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. Marriott Vacations Worldwide had a positive return on equity of 12.27% and a negative net margin of 6.47%.The firm’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.96 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. Equities research analysts forecast that Marriott Vacations Worldwide will post 8.7 EPS for the current year.

Insider Activity at Marriott Vacations Worldwide

In related news, insider Kathleen A. Pighini sold 2,500 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $120.00, for a total value of $300,000.00. Following the completion of the sale, the insider directly owned 10,821 shares of the company’s stock, valued at $1,298,520. The trade was a 18.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Christian Asmar sold 750,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $111.49, for a total value of $83,617,500.00. Following the sale, the director owned 3,380,818 shares of the company’s stock, valued at approximately $376,927,398.82. This represents a 18.16% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 13.30% of the company’s stock.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Institutional investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company lifted its position in shares of Marriott Vacations Worldwide by 2.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,082 shares of the company’s stock worth $1,435,000 after buying an additional 316 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Marriott Vacations Worldwide in the second quarter valued at approximately $274,000. WINTON GROUP Ltd grew its holdings in shares of Marriott Vacations Worldwide by 24.6% in the second quarter. WINTON GROUP Ltd now owns 7,100 shares of the company’s stock valued at $723,000 after acquiring an additional 1,400 shares in the last quarter. Engineers Gate Manager LP purchased a new stake in shares of Marriott Vacations Worldwide during the second quarter valued at approximately $672,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Marriott Vacations Worldwide during the second quarter valued at approximately $56,000. Institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation (NYSE: VAC) is a vacation ownership and leisure travel company. It develops, markets, sells, and manages vacation ownership interests, including timeshare and related membership products, that provide customers with access to resort accommodations and vacation experiences.

The company operates a portfolio of vacation ownership brands that includes Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott, and Hyatt Vacation Club.