Marcus Corporation Increases Its Quarterly Cash Dividend From $0.07 To $0.08
Benzinga Newsdesk 1 year ago
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Directors of The Marcus Corporation (NYSE:MCS) today declared a regular quarterly cash dividend of $0.08 per share of common stock, a 14% increase from the prior dividend rate of $0.07 per share of common stock. The
Directors of The Marcus Corporation (NYSE:MCS) today declared a regular quarterly cash dividend of $0.08 per share of common stock, a 14% increase from the prior dividend rate of $0.07 per share of common stock. The dividend will be paid September 15, 2025, to shareholders of record on August 25, 2025.
"Throughout Marcus Corporation's 90-year history, we have demonstrated a steadfast commitment to returning capital to our shareholders through consistent quarterly dividend payments. Prior to the pandemic, we proudly delivered 45 consecutive years of dividends – a legacy we resumed in 2022 and strengthened in 2023," said Gregory S. Marcus, chairman and chief executive officer of Marcus Corporation. "Today, we are pleased to raise the quarterly cash dividend once again thanks to the continued financial performance of our company, the strength of our balance sheet and our Board's confidence in our ability to support a growing dividend."
The Board of Directors also declared a dividend of $0.073 per share on the Class B common stock. The dividend on the Class B common stock, which is not publicly traded, will also be paid September 15, 2025, to shareholders of record on August 25, 2025.