Marriott International Announces 20 Percent Increase in Cash Dividend

BETHESDA, Md., May 6, 2016 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) today announced that its board of directors declared a quarterly cash dividend of 30 cents ($0.30) per share of common stock, which represents a 20 percent increase over the previous quarterly dividend amount of $0.25 per share. 

The dividend is payable on June 30, 2016 to shareholders of record on May 20, 2016.

Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda, Maryland, USA, with nearly 4,500 properties in 87 countries and territories. Marriott International reported revenues of more than $14 billion in fiscal year 2015. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, Bulgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels by Marriott™, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together comprise nearly 56 million members. For more information or reservations, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.

IRPR#1

Logo - http://photos.prnewswire.com/prnh/20130531/PH23900LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/marriott-international-announces-20-percent-increase-in-cash-dividend-300264367.html

SOURCE Marriott International, Inc.