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BETHESDA, Md. - Marriott International, Inc. (NASDAQ:MAR) announced Thursday that its board of directors has declared a quarterly cash dividend of 67 cents per share of common stock, payable on September 30, 2025, to shareholders of record as of August 21, 2025. The company has maintained a consistent dividend growth track record, having raised its dividend for three consecutive years, with the current yield standing at 1.02%.
The hotel chain also revealed an expansion of its share repurchase program, with the board authorizing an additional 25 million shares for buyback. This adds to the approximately 7.4 million shares that remained available for repurchase as of July 30, 2025, under previous authorizations.
Marriott reported that year-to-date through July 30, the company has repurchased 6.4 million shares for $1.7 billion.
The hospitality giant operates a portfolio spanning over 9,600 properties across more than 30 brands in 143 countries and territories, according to the company’s press release statement.
Marriott International’s stock trades on the Nasdaq exchange under the ticker symbol MAR.
In other recent news, Marriott International reported its second-quarter 2025 financial results, with earnings and revenue surpassing expectations. The company posted an EPS of $2.65, exceeding the forecast of $2.61, and reported revenue of $6.74 billion, which was higher than the anticipated $6.65 billion. Additionally, Marriott’s second-quarter EBITDA came in at $1.415 billion, surpassing both Mizuho’s estimate of $1.375 billion and the Street consensus of $1.384 billion. Despite these strong financial results, Mizuho maintained its Neutral rating on Marriott while lowering its price target to $274 from $285, citing concerns over moderating RevPAR (Revenue Per Available Room). These developments highlight Marriott’s ability to outperform earnings expectations, even amidst sector-specific challenges.
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