Marcus Corporation (The) (NYSE:MCS) Plans Quarterly Dividend of $0.08

Marcus Corporation (The) (NYSE:MCS) declared a quarterly dividend on Thursday, May 21st. Stockholders of record on Monday, June 1st will be given a dividend of 0.08 per share on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Monday, June 1st.

Marcus has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 2 years. Marcus has a dividend payout ratio of 47.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect Marcus to earn $0.65 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 49.2%.

Marcus Price Performance

Marcus stock opened at $18.30 on Friday. The firm has a market capitalization of $562.35 million, a P/E ratio of 42.56, a PEG ratio of 2.56 and a beta of 0.53. Marcus has a 1 year low of $12.85 and a 1 year high of $20.02. The business has a 50-day moving average of $17.75 and a 200-day moving average of $16.41. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.41.

Marcus (NYSE:MCS) last posted its earnings results on Thursday, April 30th. The company reported ($0.51) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.54) by $0.03. The company had revenue of $154.40 million during the quarter, compared to analyst estimates of $148.78 million. Marcus had a return on equity of 0.79% and a net margin of 1.85%. On average, equities analysts anticipate that Marcus will post 0.47 EPS for the current year.

About Marcus

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names. The company also owns and operates full-service hotels and resorts, as well as manages full-service hotels, resorts, and other properties. In addition, it provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development; and manages condominium hotels under long-term management contracts.