Marriott Vacations Worldwide Corporation (VAC) To Go Ex-Dividend on May 27th

Marriott Vacations Worldwide Corporation (NYSE:VAC) declared a quarterly dividend on Thursday, May 14th. Investors 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 of this dividend is Wednesday, May 27th.

Marriott Vacations Worldwide has increased its dividend payment 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% indicating that its dividend is sufficiently covered by earnings. 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 Price Performance

Marriott Vacations Worldwide stock opened at $70.68 on Friday. The stock’s 50 day moving average is $70.26 and its 200 day moving average is $61.90. The company has a debt-to-equity ratio of 2.80, a current ratio of 3.30 and a quick ratio of 2.77. The firm has a market cap of $2.43 billion, a P/E ratio of -7.01, a P/E/G ratio of 1.65 and a beta of 1.20. Marriott Vacations Worldwide has a one year low of $44.58 and a one year high of $86.33.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.24 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 analyst estimates of $1.20 billion. Marriott Vacations Worldwide had a positive return on equity of 11.37% and a negative net margin of 6.72%.Marriott Vacations Worldwide’s revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.66 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, research analysts expect that Marriott Vacations Worldwide will post 7.24 EPS for the current year.

About Marriott Vacations Worldwide

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.