NasdaqGS:MARHospitality
Assessing Marriott (MAR) Valuation After Dividend Hike Mixed Earnings And New Class Action Lawsuit
Dividend move and mixed headlines put Marriott in focus
Marriott International (MAR) has raised its quarterly dividend to US$0.73 per share, while simultaneously reporting mixed first quarter results and facing a new class action lawsuit over alleged Americans with Disabilities Act violations.
See our latest analysis for Marriott International.
At a share price of US$353.17, Marriott’s recent mix of dividend increase, ongoing buybacks and a new class action appears to be feeding into a...