Marriot Vacations Worldwide Dividends
The next dividend date for Marriot Vacations Worldwide has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Marriot Vacations Worldwide (VAC)
More About Marriot Vacations Worldwide
Marriott Vacations Worldwide Corporation, a vacation company, engages in the vacation ownership, exchange, rental, and resort and property management businesses in the United States and internationally. The company operates in two segments, Vacation Ownership and Exchange & Third-Party Management. It develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Vacation Club, and Ritz-Carlton Club brands; and holds non-exclusive right to develop, market, and sell whole ownership residential products under the Ritz-Carlton Residences brand name, as well as has a license to use the St. Regis brand for specified fractional ownership products. The company also offers exchange network and membership programs, as well as management services to other resorts and lodging properties through its Interval International and Aqua-Aston businesses. In addition, it provides financing consumer purchases of vacation ownership products; and renting vacation ownership inventory. The company sells its upper upscale tier vacation ownership products under its brands primarily through a network of resort-based sales centers and certain off-site sales locations. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.
Owning Marriot Vacations Worldwide Stock on the Dividend Date
If you own Marriot Vacations Worldwide stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Marriot Vacations Worldwide stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Marriot Vacations Worldwide stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Marriot Vacations Worldwide stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Marriot Vacations Worldwide dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Marriot Vacations Worldwide Dividends
You can contact us any time if you would like to ask questions about Marriot Vacations Worldwide dividends or anything else related to the stock market.