Marriott International Declares Cash Dividend
MARRIOTT INTERNATIONAL DECLARES CASH DIVIDEND
WASHINGTON - Feb. 3, 2000 - Marriott International, Inc. (MAR / NYSE) today announced that its board of directors has declared a quarterly cash dividend of five-and-one-half cents per share of common stock. The dividend is payable April 21, 2000 to shareholders of record as of March 31, 2000.
MARRIOTT INTERNATIONAL, INC. is a leading worldwide hospitality company with over 2,000 operating units in the United States and 55 other countries and territories. Marriott Lodging operates and franchises hotels under the Marriott, Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott, Ritz-Carlton and Horizons brands; operates executive apartments and conference centers; and provides furnished corporate housing through its ExecuStay by Marriott division. Other Marriott businesses include senior living communities and services, wholesale food distribution, and procurement services. The company is headquartered in Washington, D.C., and has approximately 143,000 employees. In fiscal year 1998, Marriott International reported total sales of $8.0 billion.