Marriott Raises Quarterly Dividend to $0.73 and Faces Fragrance Disability Lawsuit
Marriott's board approved a quarterly dividend of $0.73 per share, payable June 30 to shareholders of record May 22, reflecting earnings growth. Guests and staff allege exposure to toxic fragrance compounds at various locations in a class action claiming ADA and California law violations.
1. Board Approves Increased Dividend
Marriott’s board of directors declared a quarterly cash dividend of $0.73 per share, marking an increase from the prior payout. The dividend is payable June 30 to shareholders of record as of May 22, underscoring management’s confidence in ongoing earnings growth and cash generation.
2. Fragrance Disability Class Action
A class action suit was filed alleging that toxic fragrance compounds at multiple Marriott properties violated the Americans with Disabilities Act and California state laws. The lawsuit contends that exposure harmed guests and employees and seeks remedies for both short-term and chronic health impacts.