Marcus Corporation (The) (NYSE:MCS) Plans Quarterly Dividend of $0.09

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

Marcus has increased 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 dividend payout ratio of 53.7% meaning its dividend is sufficiently covered by earnings. 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 Price Performance

Shares of MCS stock opened at $27.98 on Thursday. Marcus has a 12 month low of $14.63 and a 12 month high of $32.42. The company has a market capitalization of $862.75 million, a PE ratio of 35.42, a price-to-earnings-growth ratio of 1.35 and a beta of 0.58. The firm’s 50-day moving average is $27.80 and its two-hundred day moving average is $22.13. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.67 and a quick ratio of 0.67.

Marcus (NYSE:MCS) last issued its quarterly earnings data on Thursday, October 29th. The company reported $0.60 earnings per share for the quarter, hitting the consensus estimate of $0.60. The company had revenue of $237.75 million during the quarter, compared to analyst estimates of $235.65 million. Marcus had a return on equity of 3.84% and a net margin of 3.08%. Analysts predict that Marcus will post 0.81 earnings per share for the current year.

About Marcus

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.