Marriott International Announces Increase in Cash Dividend
Washington, DC.-Marriott International, Inc. (NYSE: MAR) announced today that its board of directors has declared a one and one-quarter cent ($0.0125) increase in the company’s quarterly dividend from 6.25 cents ($0.0625) to 7.50 cents ($0.075) per share of common stock, a 20 percent increase.
The dividend is payable July 20, 2007 to shareholders of record as of June 21, 2007. The company and its predecessors (old Marriott International, Inc. and Marriott Corporation) have paid a dividend in every quarter since late 1977.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.