Marriott Vacations: Dividend Insights
Portfolio Pulse from Benzinga Insights
Marriott Vacations (NYSE:VAC) has announced a quarterly dividend of 72 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 72 cents lower. Shareholders who own VAC as of the end of Tuesday's session are eligible to receive the dividend payout. The dividend will be paid out on October 05, 2023.
September 15, 2023 | 2:45 pm
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Marriott Vacations' announcement of a 72 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not indicative of the company's performance.
When a stock goes ex-dividend, the price typically drops to reflect the payout, which is why a short-term decrease in VAC's stock price is expected. However, this is a normal part of the dividend process and does not reflect negatively on the company's overall performance or value.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100