Marriott raises quarterly dividend 21% to 63c per share

Marriott International announced that its board of directors declared a quarterly cash dividend of 63c per share of common stock, which represents a 21% increase over the previous quarterly dividend amount of 52c per share and reflects the company’s earnings growth and strong cash generation. The dividend is payable on June 28, 2024, to shareholders of record as of the close of business on May 24, 2024.