Marriott Announces 14 Percent Increase in Cash Dividend; Board Increases Stock Repurchase Authorization by 25 Million Shares

Marriott International, Inc. (NYSE:MAR) today announced that its Board of Directors (the “Board”) declared a one and a quarter cent ($0.0125) increase in the company’s quarterly cash dividend, to ten cents ($0.10) per share of common stock, a 14 percent increase over the previous dividend amount. The dividend is payable…

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Marriott Announces 14 Percent Increase in Cash Dividend; Board Increases Stock Repurchase Authorization by 25 Million Shares