Marriott International Increases Dividend More Than 17 Percent
BETHESDA, Md., May 9, 2014 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) today announced that its Board of Directors raised the company's quarterly cash dividend by 3 cents ($0.03) to twenty cents ($0.20) per share, which represents a more than 17 percent increase over the previous quarterly dividend amount of $0.17 per share. The dividend is payable on June 27, 2014 to shareholders of record on May 23, 2014.
Marriott International, Inc. (NASDAQ: MAR) is a leading lodging company based in Bethesda, Maryland, USA, with more than 4,000 properties in 78 countries and territories and reported revenues of nearly $13 billion in fiscal year 2013. The company operates and franchises hotels and licenses vacation ownership resorts under 18 brands. For more information or reservations, please visit our web site at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.
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