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Stock impact report

Marriott Vacations Worldwide's (NYSE:VAC) Shareholders Will Receive A Bigger Dividend Than Last Year [Yahoo! Finance]

Marriott Vacations Worldwide Corporation (VAC) 
Last marriott vacations worldwide corporation earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This will take the annual payment to 5.5% of the stock price, which is above what most companies in the industry pay. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. If the payments aren't sustainable, a high yield for a few years won't matter that much. Prior to this announcement, Marriott Vacations Worldwide's dividend was only 64% of earnings, however it was paying out 176% of free cash flows. While the company may be more focused on returning cash to shareholders than growing the business at this time, we think that a cash payout ratio this high might expose the dividend to being cut if the business ran into some challenges. Looking forward, earnings per share is forecast to rise by 44.1% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 49% by next year, which is in a pretty sustainable range. View our latest analysis for Marriott Vacations Wo Show less Read more
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