ORLANDO, Fla., Dec. 10, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.54 per share of common stock. The dividend is payable on or around January 6, 2022 (the "Payment Date") to shareholders of record as of the close of business on December 23, 2021 (the "Record Date").

About Marriott Vacations Worldwide Corporation
Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products and services. The company has nearly 120 resorts and over 700,000 Owners and Members in a diverse portfolio that includes seven vacation ownership brands. It also includes exchange networks and membership programs comprised of nearly 3,200 resorts in over 90 nations, as well as management of more than 150 other resorts and lodging properties. As a leader and innovator in the vacation industry, the Company upholds the highest standards of excellence in serving its customers, investors and associates while maintaining exclusive, long-term relationships with Marriott International, Inc. and Hyatt Hotels Corporation for the development, sales and marketing of vacation ownership products and services. For more information, please visit marriottvacationsworldwide.com.

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SOURCE Marriott Vacations Worldwide Corporation

Neal Goldner, Investor Relations, Marriott Vacations Worldwide Corporation, 407.206.6149, neal.goldner@mvwc.com; Erica Ettori, Global Communications, Marriott Vacations Worldwide Corporation, 407.513.6606, erica.ettori@mvwc.com