Marriott International, Inc. (NASDAQ:MAR) will release its second-quarter earnings report before the opening bell on Monday, Aug. 3.
Analysts expect the company to report quarterly earnings of $3.08 per share, up from $2.65 per share in the year-ago period. The consensus estimate for Marriott’s quarterly revenue is $7.19 billion. It reported $6.74 billion last year, according to Benzinga Pro.
Barclays analyst Brandt Montour, on July 21, maintained Marriott International with an Equal-Weight rating and raised the price target from $376 to $379, while TD Cowen analyst Kevin Kopelman maintained the stock with a Buy and increased the price target from $410 to $420.
With the recent buzz around Marriott, some investors may be eyeing potential gains from the company’s dividends too. As of now, Marriott has an annual dividend yield of 0.78%, which is a quarterly dividend amount of 73 cents per share ($2.92 a year).
So, how can investors use its dividend yield to pocket a regular $500 monthly?
