Marriott Vacations Worldwide (VAC) Raises Quarterly Dividend 16.7% to $0.35; Changes Fiscal Year

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Marriott Vacations Worldwide Corporation Announces Increase of over 15 Percent to Quarterly Cash Dividend; Board also Approves Adoption of Calendar Fiscal Year Beginning in 2017

December 9, 2016 9:00 AM EST

ORLANDO, Fla., Dec. 9, 2016 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.35 per share of common stock, an increase of 16.7 percent over the previous quarterly dividend of $0.30 per share. The dividend is payable on January 4, 2017 to shareholders of record as of December 22, 2016.... More