Marriott International Declares Quarterly Cash Dividend

Marriott International, Inc. (MAR) today announced that its board of directors has declared a quarterly cash dividend.

The dividend is payable on March 10, 2023, to shareholders of record as of the close of business on February 24, 2023. The ex-dividend date is February 23, 2023.

The dividend amount is $0.52 per share, which is unchanged from the previous quarter.

Marriott International is a leading global lodging company with more than 7,800 properties in 139 countries and territories. The company operates and franchises hotels and resorts under various brands, including Marriott, Sheraton, Westin, Renaissance, and Courtyard.

Marriott International has been paying a quarterly dividend since 1993. The company's dividend yield is currently 2.1%, which is higher than the average yield for the S&P 500 Index.

The declaration of a quarterly dividend is a sign of strength for Marriott International. The company's strong cash flow and commitment to returning capital to shareholders are positive signs for investors.