Boosting shareholder payouts for Marriott Vacations Worldwide
- Marriott Vacations Worldwide raises quarterly dividend by 5.6% to 76 cents
- Board of directors approves the increase from 72 cents
- New payout represents a yield of about 3.9%
- Annual dividend now equal to $3.04
Marriott Vacations Worldwide has announced a 5.6% increase in its quarterly dividend, raising it to 76 cents. The company’s board of directors approved the increase from the previous payout of 72 cents. With the new payout, shareholders can expect an annual dividend of $3.04, representing a yield of approximately 3.9%. This move demonstrates Marriott Vacations Worldwide’s commitment to rewarding its shareholders and providing them with a steady income stream.
Public Companies: Marriott Vacations Worldwide (unknown)
Private Companies:
Key People:
Factuality Level: 10
Justification: The article provides factual information about Marriott Vacations Worldwide raising its quarterly dividend by 5.6% to 76 cents. It mentions the approval by the board of directors and provides the new annual payout and yield based on the company’s closing share price. There are no digressions, misleading information, sensationalism, redundancy, opinion masquerading as fact, bias, or logical errors in the article.
Noise Level: 8
Justification: The article provides straightforward information about Marriott Vacations Worldwide raising its quarterly dividend. It includes details about the increase in payout and the annual yield. However, it lacks analysis, evidence, or actionable insights. It stays on topic and does not dive into unrelated territories.
Financial Relevance: Yes
Financial Markets Impacted: No
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The news article pertains to a financial topic as it discusses Marriott Vacations Worldwide raising its quarterly dividend.
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