Marcus Corp announces dividends for common and Class B stock

Published 07/05/2025, 18:12
Marcus Corp announces dividends for common and Class B stock

MILWAUKEE - The Marcus Corporation (NYSE: MCS), known for its operations in the lodging and entertainment sectors, has announced the issuance of a regular quarterly cash dividend. Shareholders of the company’s common stock will receive $0.07 per share, while holders of Class B common stock, which is not publicly traded, will receive $0.064 per share. Both dividends are scheduled for payment on June 16, 2025, to shareholders on record as of May 27, 2025. The current dividend yield stands at 1.73%, and according to InvestingPro data, the company has raised its dividend for three consecutive years.

This move reflects the company’s ongoing commitment to providing value to its shareholders. The Marcus Corporation’s portfolio includes Marcus Theatres®, which is the fourth largest theatre circuit in the United States, operating 985 screens across 78 locations in 17 states. Additionally, the company’s lodging division, Marcus® Hotels & Resorts, owns or manages 16 hotels, resorts, and other properties in eight states.

The declaration of dividends is a common practice among established companies with stable earnings and a commitment to sharing profits with investors. Dividends can serve as an indicator of a company’s financial health and its confidence in future performance.

Investors often view regular dividends as a sign of a company’s ability to generate consistent cash flow, and they can be an important factor in investment decisions. The Marcus Corporation’s latest dividend announcement is in line with its history of quarterly distributions to its shareholders.

The information regarding the dividends is based on a press release statement from The Marcus Corporation.

In other recent news, Marcus Corporation reported its first-quarter 2025 earnings, revealing a greater-than-expected loss in earnings per share (EPS) of -$0.54, which missed analysts’ forecasts of -$0.43. Despite this, the company exceeded revenue expectations, generating $148.8 million compared to the projected $145.56 million. The theater division saw a 6.9% increase in comparable theater attendance, while the hotel division experienced a 10% rise in banquet and catering revenues. Benchmark analysts maintained a Buy rating with a $25 target for Marcus Corp, citing the company’s strong first-quarter performance and positive early second-quarter results, particularly in its theatrical segment. The company also invested in future growth by repurchasing $7.1 million in shares and reinvesting in high-return assets like the Hilton Milwaukee. Marcus Corporation’s hotel operations reported positive Adjusted EBITDA, supported by a robust ski season and consistent group demand. The company anticipates a robust summer movie season and a promising film slate for 2026, with capital expenditures estimated between $70 and $85 million for fiscal 2025. Benchmark’s analysis suggests Marcus Corp is well-positioned for recovery, balancing capital returns with asset value creation.

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