ORLANDO, Fla., May 13, 2022 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) (the "Company") today announced its board of directors authorized a quarterly cash dividend of $0.62 per share of common stock. The dividend is payable on or around June 9, 2022 (the "Payment Date") to shareholders of record as of the close of business on May 26, 2022 (the "Record Date").

About Marriott Vacations Worldwide Corporation  

Marriott Vacations Worldwide Corporation (NYSE:VAC) 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 over 120 vacation ownership resorts and approximately 700,000 owner families in a diverse portfolio that includes some of the most iconic vacation ownership brands. The Company also operates exchange networks and membership programs comprised of nearly 3,200 affiliated resorts in over 90 nations, as well as provides management services to 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 www.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