Marcus raises quarterly dividend 40% to 7c per share

Directors of The Marcus Corporation declared a regular quarterly cash dividend of 7c per share of common stock, a 40% increase from the prior dividend rate of 5c per share of common stock. The dividend will be paid September 15, 2023, to shareholders of record on August 25, 2023. “The Marcus Corporation has a long history of returning capital to shareholders with 45 years of consecutive dividend payments prior to the pandemic,” said Gregory S. Marcus, chairman, president and chief executive officer of The Marcus Corporation. “While we paused dividend payments during the pandemic, we reinstated the quarterly cash dividend in the third quarter of fiscal 2022. Only a year later, we are able to increase the cash dividend. This underscores the confidence the Board of Directors has in both of our businesses and our strong financial performance and honors our long-standing commitment to returning value to our shareholders.”