Marriott International Declares Cash Dividend
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Marriott International Declares Cash Dividend
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Category: Worldwide - Industry economy
- Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2008-11-10
Marriott International, Inc. (NYSE: MAR) announced that yesterday, Nov. 6, its board of directors declared a quarterly cash dividend of 8.750 cents ($0.0875) per share of common stock.
The dividend is payable Jan. 9, 2009 to shareholders of record as of Dec. 1, 2008. The company and its predecessors (old Marriott International, Inc. and Marriott Corporation) have paid a dividend in every quarter since late 1977.
MARRIOTT INTERNATIONAL, INC. (NYSE: MAR) is a leading lodging company with more than 3,100 lodging properties in the United States and 66 other countries and territories. The company is headquartered in Bethesda, Md., and has approximately 151,000 employees. In fiscal year 2007, Marriott International reported sales from continuing operations of $13 billion.
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