News Buzz – Marriott International (MAR) and Timken (TKR) Reports quarterly cash dividend

On Friday, Marriott International, Inc. (NASDAQ:MAR) stock dropped -0.97% and valued at 132.58. The stock opened the session at $134.54 and touched its highest price point at $136.24. Its recent trading capacity is 1273002 shares versus to its average trading volume of 2273873 shares. The company’s stock’s lowest price point for the session stood at $131.62.MAR traded as low as $ 85.63 in the past 52 weeks, and shares hit its peak level to $149.21.

Marriott International, Inc. (NASDAQ:MAR) today reported that its board of directors declared a quarterly cash dividend of 33 cents per share of common stock.  The dividend is payable on March 30, 2018 to shareholders of record as of February 23, 2018.

Marriott International, Inc. (NASDAQ:MAR) operates, franchises, and licenses hotels and timeshare properties worldwide. The company operates through three segments: North American Full-Service, North American Limited-Service, and International. It also operates, markets, and develops residential properties, as well as provides services to home/condominium owner associations. As of December 11, 2017, it operated, franchised, and licensed approximately 6,400 properties in 126 countries and territories. Marriott International, Inc. was founded in 1927 and is headquartered in Bethesda, Maryland.

On Friday, Timken Co (NYSE:TKR) stock also recorded change of -1.48% to value at $43.3 with the total traded volume of 564956 shares along average volume of 770545 shares. 52 week range of the stock remained $ 41.78 – 55.65 while its day low price was $42.95 and its hit its day high price at $44.85. Its previous closing value stands at $43.95. TKR total market capitalization is $3360820804. Currently stocks EPS is $2.58 while its price to earnings ratio is 16.8

The board of directors of The Timken Company (NYSE:TKR) today announced a quarterly cash dividend of 27 cents per share. The dividend is payable on March 2, 2018, to shareholders of record as of Feb. 20, 2018. This marks the 383rd consecutive quarterly dividend paid on the common shares of the company since The Timken Company joined the New York Stock Exchange in 1922, one of the longest-running dividend records among NYSE-listed companies.

The Timken Company engineers, manufactures, and markets bearings, transmissions, gearboxes, belts, chains, couplings, and related products worldwide. It operates through two segments, Mobile Industries and Process Industries.

About the Author

Kyle Webster
Kyle Webster
Kyle Webster is a self taught investor and follows the value investing approach to picking stocks. He possesses over 10 years of investment experience, an M.B.A. from Louisiana State University, and is also certified in Risk Management Assurance. Kyle is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. He has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Research News category for our site. He can be reached via Email Contact -  kyle@mostvolatilestocks.com.

Be the first to comment on "News Buzz – Marriott International (MAR) and Timken (TKR) Reports quarterly cash dividend"

Leave a comment

Your email address will not be published.


*