Marriott Raises Quarterly Dividend to 73 Cents a Share

Marriott International, Inc. (MAR) raised its quarterly dividend to $0.73 a share from $0.67, an 8.96% increase. The dividend has an ex-dividend date of May 22, 2026.

The new payout implies an annual dividend of $2.92 a share and a forward annual yield of 0.74%, based on the locked share price of $393.61. The increase gives Marriott three consecutive years of dividend growth, following a dividend cut in 2022.

Business Context

Marriott is one of the world’s largest lodging companies, with a portfolio spanning luxury, premium, select, midscale, extended-stay and all-inclusive brands. The company said in its first-quarter 2026 results that, as of March 31, 2026, it had more than 9,900 properties in 146 countries and territories, and described its business model as asset-light. Marriott International

The dividend increase follows a first quarter in which Marriott reported higher global revenue per available room and continued room growth. In the same release, Chief Executive Anthony Capuano said the company’s results reflected “the strength of our brands” and “the resilience of demand for travel.” Marriott also said it had returned capital to shareholders through dividends and share repurchases during the year to date. Marriott International

Marriott’s lodging demand remained uneven by region. The company said international performance was helped by leisure travel in Asia-Pacific and Greater China, while the Middle East weighed on results. Management’s outlook assumed continued travel disruption affecting the Middle East region through year-end. Marriott International

What It Means for Income Investors

For income-focused investors, the increase raises Marriott’s cash payout but still leaves the stock with a relatively modest forward annual yield of 0.74%. The company’s dividend safety score is 66 out of 100, equivalent to a B grade, according to the locked facts.

The dividend record also carries an important caveat: Marriott has now posted three straight years of dividend growth, but the streak is relatively short because the payout was previously cut in 2022. That history matters for investors who prioritize long, uninterrupted dividend records over near-term increases.

Marriott’s market capitalization is $103.79 billion, placing the company among the larger U.S.-listed consumer cyclical names. The latest increase signals a higher shareholder cash return, while the company’s future dividend path will remain tied to travel demand, fee growth, capital allocation and management’s balance between dividends, repurchases and investment in the lodging platform.