FollowMarriott International (MAR), a diversified hotel chain and hospitality company, said Friday that its board of directors has raised the quarterly cash dividend by 17% to $0.20 per share, from the previous dividend of $0.17 per share.
The new dividend is payable on June 27, 2014 to shareholders of record on May 23, 2014.
Shares are up 0.24% at $58.03 with a 52-week range of $38.17 – $59.31.
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Alan is a happily-married, New York-based writer with over 5 years of experience in journalism. He mainly focuses on subjects such as international politics, arts culture, social media and national news.
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