Marriott Vacations Worldwide (VAC) Declares $0.72 Quarterly Dividend; Raises Buyback Plan to $600M

Marriott Vacations Worldwide (NYSE: VAC) declared a quarterly dividend of $0.72 per share, or $2.88 annualized. The dividend will be payable on June 8, 2023, to stockholders of record on May 25, 2023, with an ex-dividend date of May 24, 2023. The annual yield on the dividend is 2.3 percent.

As of May 10, 2023, the Company had approximately $149 million of capacity to repurchase common stock remaining under its prior authorization. The Board of Directors increased this remaining authorization to an aggregate of $600 million (including the $149 million of remaining unused capacity) and extended the repurchase authorization through December 31, 2024.

For a dividend history and other dividend-related data on Marriott Vacations Worldwide (VAC) click here.

You May Also Be Interested In

• Pegasystems (PEGA) Declares $0.083 Special Dividend; 0.2% Yield
• Navient (NAVI) Declares $0.16 Quarterly Dividend; 6.9% Yield
• Columbia Banking System (COLB) Declares $0.37 Quarterly Dividend; 4.6% Yield