Monday Is Your Last Chance To Buy Marriott Intl Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Marriott Intl (NASDAQ:MAR) announced a quarterly dividend of 52 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning MAR stock by the end of Monday are eligible for the dividend, to be paid on December 29, 2023. The stock is expected to open 52 cents lower on Tuesday to reflect the dividend payout.
November 16, 2023 | 2:45 pm
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Marriott Intl (NASDAQ:MAR) will pay a quarterly dividend of 52 cents per share. The stock will likely open lower on the ex-dividend date to reflect the payout.
The stock price of Marriott Intl is likely to decrease in the short term as it adjusts for the dividend payout on the ex-dividend date. This is a common occurrence as the value of the dividend is accounted for in the stock price.
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