BETHESDA, Md. - Marriott International, Inc. (NASDAQ:MAR) has declared a quarterly cash dividend of 67 cents per share of common stock, the company announced today. The dividend represents a 21.15% growth from the previous year, highlighting the company’s strong financial performance. This declaration reflects an increase in the company’s earnings and its robust cash generation. Shareholders of record as of May 23, 2025, will be eligible for the dividend payment, which is scheduled for June 30, 2025. According to InvestingPro, Marriott has raised its dividend for three consecutive years, with more insights available through their comprehensive analysis.
The hotel giant, headquartered in Bethesda, Maryland, operates a vast portfolio of properties, including nearly 9,500 establishments across more than 30 brands in 144 countries and territories. With a market capitalization of $70.82 billion and impressive gross profit margins of 81.89%, Marriott’s business model includes the operation, franchising, and licensing of hotels, residential, timeshare, and other lodging properties worldwide. InvestingPro analysis indicates the company is trading near its Fair Value, with a "GOOD" overall financial health rating.
Marriott International also promotes its award-winning travel platform, Marriott Bonvoy®, which offers a range of benefits and services to frequent travelers. The company has been actively engaging with investors and the media through its investor relations and news center websites, where it posts potentially material information.
The announcement of the dividend increase serves as a testament to Marriott’s financial health and its commitment to returning value to its shareholders. The company has consistently been a significant player in the global hospitality industry, with a strong presence in various markets around the world.
This dividend payment is based on a press release statement issued by Marriott International, Inc. The company continues to encourage interested parties to follow updates on its investor relations and news center websites. However, the information provided on these websites is not part of this press release or any official financial documentation.
In other recent news, Marriott International reported impressive financial results for the first quarter of 2025, exceeding market expectations with an earnings per share (EPS) of $2.32, compared to a forecast of $2.26, and revenue of $6.26 billion, surpassing the anticipated $6.20 billion. The company’s strong performance was attributed to a 4.1% rise in global revenue per available room (RevPAR) and a 7% increase in adjusted EBITDA. Despite the positive quarterly results, Marriott adjusted its full-year RevPAR growth guidance to a range of 1.5-3.5%, down from previous estimates. Additionally, the company announced the acquisition of CitizenM, signaling growth in its luxury segment. In analyst updates, BMO Capital Markets raised its price target for Marriott shares to $265 from $250, maintaining a Market Perform rating. The adjustment reflects Marriott’s robust international market performance despite challenges in the U.S. and Canada. The company’s strategic focus on international exposure and reduced reliance on select-service operations appears to be a calculated move to mitigate market risks.
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