Marriott Vacations Worldwide (NYSE:VAC), a global pure-play vacation ownership company, authorized a quarterly cash dividend of $0.30 a share of common stock. The dividend is payable on October 6 to shareholders of record as of September 22.
The stock decreased 0.73% or $0.54 during the last trading session, hitting $73.7. About 183,873 shares traded hands. Marriott Vacations Worldwide Corp (NYSE:VAC) has risen 52.32% since February 8, 2016 and is uptrending. It has outperformed by 35.83% the S&P500.
Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The company has a market cap of $2.04 billion. The Firm is a developer, marketer and seller of vacation ownership and related products under The Ritz-Carlton Destination Club brand. It has a 19.28 P/E ratio. The Firm develops, markets and sells whole ownership residential products under The Ritz-Carlton Residences brand.
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