Marriott International Inc (MAR) had declared a cash dividend of $0.3000 on Feb 10, 2017. The shares will quote ex-dividend on Feb 22, 2017 and the record date has been fixed for Feb 24, 2017. Based on Feb 22, 2017 share price, the yield comes out to be 1.38%. The dividend payable date has been fixed on Mar 31, 2017.
Marriott International Inc (MAR) shares turned negative on Wednesdays trading session with the shares closing down -0.31 points or -0.35% at a volume of 19,86,798. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $88.03. The peak price level was also seen at $88.03 while the days lowest was $87.61. Finally the shares closed at $87.68. The 52-week high of the shares is $91.07 while the 52-week low is $60.87. According to the latest information available, the market cap of the company is $34,237 M.
Marriott International Inc(MAR) last announced its earnings results on Nov 7, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $3.94B. Analysts had an estimated revenue of $4.18B. Earnings per share were $0.91. The reported EPS was above estimates by $0.02 or 2.25%. Analysts had estimated an EPS of $0.89.
Several Insider Transactions has been reported to the SEC. On Dec 29, 2016, Craig S. Smith (Pres. Mgn. Dir. Asia Pacific) sold 600 shares at $84.41 per share price.Also, On Dec 19, 2016, Edward A Ryan (EVP & Gen. Counsel) sold 5,000 shares at $84.68 per share price.On Dec 15, 2016, David A Rodriguez (Chief Human Resources Officer) sold 12,000 shares at $85.00 per share price, according to the Form-4 filing with the securities and exchange commission.
Marriott International Inc. is a diversified global lodging company. The Company is an operator franchisor and licensor of hotels and timeshare properties across the world. It also operates markets and develops residential properties and provides services to home/condominium owner associations. It has three segments: North American Full-Service North American Limited-Service and International. The Company’s brands include The Ritz-Carlton BVLGARI Hotels & Resorts EDITION JW Marriott Autograph Collection Hotels Renaissance Hotels Marriott Hotels Marriott Executive Apartments Marriott Vacation Club Gaylord Hotels AC Hotels by Marriott Courtyard by Marriott Residence Inn by Marriott SpringHill Suites by Marriott Fairfield Inn & Suites TownePlace Suites by Marriott Protea Hotels and Moxy Hotels. It operates franchises or licenses approximately 4175 properties across the world with around 714765 rooms inclusive of around 41 home and condominium products.