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ORLANDO, Fla. - Marriott Vacations Worldwide Corporation (NYSE: VAC) has declared a quarterly cash dividend of $0.79 per share, representing a notable 4.89% yield. According to InvestingPro data, the company has maintained dividend payments for 12 consecutive years and raised them for the past 4 years. Stockholders of record by the close of business on May 23, 2025, will be eligible for the dividend, which is scheduled for disbursement around June 6, 2025.
The announcement reflects the company’s commitment to delivering value to its shareholders and comes as part of its regular financial activities. Marriott Vacations Worldwide is known for its portfolio of vacation ownership resorts and its ownership of various vacation exchange and rental services. The company manages about 120 vacation ownership resorts and serves approximately 700,000 owner families. With a strong current ratio of 3.61 and annual revenue of $3.3 billion, InvestingPro analysis indicates the company’s liquid assets comfortably exceed its short-term obligations. Additionally, it operates an extensive exchange network encompassing more than 3,200 affiliated resorts across over 90 countries and territories.
Marriott Vacations Worldwide continues to maintain strategic alliances with Marriott International, Inc. and an affiliate of Hyatt Hotels Corporation. These partnerships support the development, sales, and marketing of its vacation ownership products and services, reinforcing the company’s position in the vacation industry.
The dividend announcement is based on a press release statement from Marriott Vacations Worldwide Corporation. It is an important piece of information for investors and market watchers, indicating the company’s financial health and its ability to return profits to shareholders. The dividend rate is a key metric for shareholders and is often seen as a sign of a company’s stability and confidence in its financial position.
Investors typically view regular and consistent dividends as a positive signal about a company’s future earnings prospects. Marriott Vacations Worldwide’s declaration of a quarterly dividend thus provides an insight into the company’s performance and strategic priorities.
Shareholders and potential investors can look forward to the impending dividend payment as a tangible return on their investment. The company’s stock performance and any changes in dividend payouts are closely monitored as indicators of its financial robustness and management’s outlook on its profitability.
In other recent news, Marriott Vacations Worldwide reported its first-quarter 2025 earnings, exceeding expectations with an earnings per share (EPS) of $1.66, surpassing the forecasted $1.59. However, the company experienced a slight revenue miss, bringing in $1.2 billion compared to the anticipated $1.22 billion. Despite these mixed results, adjusted EBITDA rose by 3% to $192 million, reflecting strong operational performance. Goldman Sachs updated its assessment of Marriott Vacations, raising the price target from $48.00 to $55.00 while maintaining a Sell rating. This decision followed the company’s first-quarter performance, although the full-year outlook remained unchanged. The company reported a 4% decline in contract sales during March and April, despite projecting only a 1% decline for the rest of the year. Analysts at Goldman Sachs noted an increase in their forecast for the company’s 2025 EBITDA from $708 million to $750 million. Marriott Vacations is also focusing on modernization and innovation initiatives, which are expected to deliver significant benefits by the end of 2026.
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