Marriott Vacations Worldwide (VAC) Dividends & Splits

Marriott Vacations Worldwide Corp (VAC) offers dividends to its shareholders as a way to distribute the company's profits. Dividends are typically paid out in cash, although some companies may choose to reinvest the funds back into the business. VAC has a dividend yield of X%, which is calculated by dividing the annual dividend per share by the stock price. This yield represents the return on investment that shareholders can expect to receive through dividends. The payout ratio for VAC is Y%, indicating the percentage of earnings that the company pays out as dividends. A lower payout ratio suggests that the company retains more earnings for reinvestment or other uses.

Investors need to be aware of the dividend ex-date for VAC, which is the date on which a shareholder must own the stock in order to be eligible for the upcoming dividend payment. This date is typically set by the company's board of directors. Additionally, VAC has not announced any stock splits as of the latest available information. A stock split occurs when a company increases the number of shares outstanding without changing the total value of the company. Stock splits can make shares more accessible to a larger number of investors, but they do not affect the overall value of an investor's holdings.