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Marriott Vacations Worldwide Corporation Announces Increased Quarterly Cash Dividend

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Marriott Vacations Worldwide (NYSE: VAC) has announced a 4% increase in its quarterly cash dividend to $0.79 per share of common stock. The dividend will be payable on or around January 3, 2025, to stockholders of record as of December 19, 2024. Chief Financial Officer Jason Marino stated that the dividend increase demonstrates confidence in their leisure-focused business strategy and growth potential, while maintaining their commitment to shareholder value.

Marriott Vacations Worldwide (NYSE: VAC) ha annunciato un aumento del 4% del suo dividendo in contante trimestrale a $0,79 per azione di azioni ordinarie. Il dividendo sarà pagabile intorno al 3 gennaio 2025, agli azionisti registrati al 19 dicembre 2024. Il Direttore Finanziario Jason Marino ha dichiarato che l'aumento del dividendo dimostra fiducia nella loro strategia aziendale focalizzata sul tempo libero e nel potenziale di crescita, mantenendo al contempo il loro impegno verso il valore per gli azionisti.

Marriott Vacations Worldwide (NYSE: VAC) ha anunciado un aumento del 4% en su dividendo en efectivo trimestral a $0.79 por acción de acciones ordinarias. El dividendo se pagará el 3 de enero de 2025, a los accionistas registrados a partir del 19 de diciembre de 2024. El Director Financiero Jason Marino afirmó que el aumento del dividendo demuestra confianza en su estrategia empresarial centrada en el ocio y en el potencial de crecimiento, al tiempo que mantiene su compromiso con el valor para los accionistas.

메리엇 베케이션스 월드와이드 (NYSE: VAC)는 분기 현금 배당금을 4% 인상하여 주당 $0.79으로 발표했습니다. 배당금은 2025년 1월 3일경에 지급될 예정이며, 2024년 12월 19일 기준 주주에게 지급됩니다. 재무 책임자 제이슨 마리노는 배당금 인상이 여가 중심의 비즈니스 전략과 성장 잠재력에 대한 신뢰를 보여주며, 주주 가치를 유지하겠다는 약속을 하고 있다고 밝혔습니다.

Marriott Vacations Worldwide (NYSE: VAC) a annoncé une augmentation de 4% de son dividende trimestriel en espèces à 0,79 $ par action d'actions ordinaires. Le dividende sera payable aux alentours du 3 janvier 2025, aux actionnaires inscrits au 19 décembre 2024. Le directeur financier Jason Marino a déclaré que l'augmentation du dividende témoigne de la confiance dans leur stratégie commerciale axée sur les loisirs et le potentiel de croissance, tout en maintenant leur engagement envers la valeur pour les actionnaires.

Marriott Vacations Worldwide (NYSE: VAC) hat eine 4%ige Erhöhung seiner vierteljährlichen Bargelddividende auf 0,79 $ pro Aktie bekannt gegeben. Die Dividende wird voraussichtlich am 3. Januar 2025 an die Aktionäre ausgeschüttet, die zum 19. Dezember 2024 eingetragen sind. Finanzvorstand Jason Marino erklärte, dass die Erhöhung der Dividende Vertrauen in ihre auf Freizeit ausgerichtete Geschäftsstrategie und das Wachstumspotenzial zeigt, während sie gleichzeitig ihr Engagement für den Aktionärswert aufrechterhalten.

Positive
  • 4% increase in quarterly dividend to $0.79 per share
  • Management expresses confidence in business strategy and growth potential
Negative
  • None.

ORLANDO, Fla.--(BUSINESS WIRE)-- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its Board of Directors authorized a quarterly cash dividend of $0.79 per share of common stock, an increase of 4% over the Company’s prior dividend.

“The dividend increase reflects our confidence in our leisure focused business strategy and growth potential, and upholds our continued commitment to providing value to our shareholders,” said Jason Marino, chief financial officer.

The dividend is payable on or around January 3, 2025, to stockholders of record as of the close of business on December 19, 2024.

About Marriott Vacations Worldwide Corporation

Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products, and services. The Company has approximately 120 vacation ownership resorts and approximately 700,000 owner families in a diverse portfolio that includes some of the most iconic vacation ownership brands. The Company also operates an exchange network and membership programs comprised of more than 3,200 affiliated resorts in over 90 countries and territories, and provides management services to other resorts and lodging properties. As a leader and innovator in the vacation industry, the Company upholds the highest standards of excellence in serving its customers, investors and associates while maintaining exclusive, long-term relationships with Marriott International, Inc. and an affiliate of Hyatt Hotels Corporation for the development, sales and marketing of vacation ownership products and services. For more information, please visit www.marriottvacationsworldwide.com.

Neal Goldner

Investor Relations

407-206-6149

neal.goldner@mvwc.com

Cameron Klaus

Global Communications

407-513-6606 

cameron.klaus@mvwc.com

Source: Marriott Vacations Worldwide Corporation

FAQ

What is the new quarterly dividend amount for Marriott Vacations Worldwide (VAC)?

Marriott Vacations Worldwide's new quarterly dividend is $0.79 per share, representing a 4% increase from the previous dividend amount.

When will VAC's next dividend be paid?

The dividend will be paid on or around January 3, 2025, to stockholders of record as of December 19, 2024.

How much did Marriott Vacations Worldwide (VAC) increase its dividend in 2024?

Marriott Vacations Worldwide increased its quarterly dividend by 4% in 2024.

What is the record date for VAC's January 2025 dividend payment?

The record date for VAC's dividend payment is December 19, 2024.

MARRIOTT VACATIONS WORLDWIDE CORPORATION

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