Marriott Vacations WorldwideVAC +0.29%84 Dividend Payout Ratio is 0.65 as of Mar. 2026, which is 141% above its 10-year median of 0.27. GuruFocus rates VAC with a GF Score™ of 84/100 and a GF Value™ of $102.20 (Fairly Valued). The stock has 7 warning signs investors should review. Among 346 Travel & Leisure companies, Marriott Vacations Worldwide ranks worse than 54.34% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Marriott Vacations Worldwide's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.65.
The historical rank and industry rank for Marriott Vacations Worldwide's Dividend Payout Ratio or its related term are showing as below:
VAC'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.27 Max: 0.47
Current: 0.47
During the past 13 years, the highest Dividend Payout Ratio of Marriott Vacations Worldwide was 0.47. The lowest was 0.17. And the median was 0.27.
VAC's Dividend Payout Ratio is ranked worse than 54.34% of 346
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs VAC: 0.47
During the past 13 years, the highest Trailing Annual Dividend Yield of Marriott Vacations Worldwide was 6.95%. The lowest was 0.29%. And the median was 1.73%.
During the past 12 months, Marriott Vacations Worldwide's average Dividends Per Share Growth Rate was 2.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 41.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 11.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Marriott Vacations Worldwide was 79.70% per year. The lowest was -28.10% per year. And the median was 14.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Marriott Vacations Worldwide (NYSE:VAC) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Marriott Vacations Worldwide Dividend Payout Ratio Related Terms
Marriott Vacations Worldwide Dividend Payout Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Marriott Vacations Worldwide Dividend Payout Ratio Chart
VAC vs PENN, RRR, MCRI: Dividend Payout Ratio Comparison
For the Resorts & Casinos subindustry, Marriott Vacations Worldwide's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Marriott Vacations Worldwide Dividend Payout Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Marriott Vacations Worldwide's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Marriott Vacations Worldwide's Dividend Payout Ratio falls into.
Marriott Vacations Worldwide Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Marriott Vacations Worldwide's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Marriott Vacations Worldwide (VAC) has a Dividend Payout Ratio of 0.65 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Marriott Vacations Worldwide and its competitors. This is 141% above median its historical median of 0.27. Over the past decade, Marriott Vacations Worldwide's Dividend Payout Ratio has ranged from 0.17 to 0.47. According to the industry distribution chart, Marriott Vacations Worldwide ranks #188 out of 346 companies in the Travel & Leisure industry, placing it in the top 54.3%.
Is Marriott Vacations Worldwide's Dividend Payout Ratio too high?
Marriott Vacations Worldwide's current Dividend Payout Ratio of 0.65 is 141% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.47. The Travel & Leisure industry median Dividend Payout Ratio is 0.43. Marriott Vacations Worldwide's value of 0.65 is 51.2% above this industry median. Based on the distribution chart, Marriott Vacations Worldwide ranks #188 out of 346 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Marriott Vacations Worldwide has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marriott Vacations Worldwide's Dividend Payout Ratio compare to PENN and RRR?
According to the Travel & Leisure industry distribution chart, Marriott Vacations Worldwide ranks #188 out of 346 companies for Dividend Payout Ratio. This places Marriott Vacations Worldwide in the lower half of its industry. The industry median Dividend Payout Ratio is 0.43. Marriott Vacations Worldwide's value of 0.65 is 51.2% above this benchmark. Historically, Marriott Vacations Worldwide's own Dividend Payout Ratio has ranged from 0.17 to 0.47 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.43, Marriott Vacations Worldwide has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Travel & Leisure company?
The median Dividend Payout Ratio among Travel & Leisure companies is 0.43, based on 346 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marriott Vacations Worldwide's current Dividend Payout Ratio of 0.65 is 51.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Marriott Vacations Worldwide and its competitors. For the Travel & Leisure industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott Vacations Worldwide's current Dividend Payout Ratio is 0.65, which is 141% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marriott Vacations Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Marriott Vacations Worldwide (VAC) is currently considered Fairly Valued. The stock's GF Value™ is $102.20, compared to a current price of $99.44 — trading 2.7% below its estimated fair value. The current Dividend Payout Ratio is 0.65, which is 141% above median its 10-year median of 0.27 and 51.2% above the Travel & Leisure industry median of 0.43. Marriott Vacations Worldwide's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Marriott Vacations Worldwide (VAC), the current Dividend Payout Ratio is 0.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Marriott Vacations Worldwide (VAC) Overvalued in 2026?
Based on GuruFocus' analysis, Marriott Vacations Worldwide stock appears to be undervalued.
The current stock price of $99.44 is trading 2.7% below its estimated GF Value™ of $102.20.
GuruFocus considers Marriott Vacations Worldwide to be Fairly Valued.
Key valuation signals for VAC:
Dividend Payout Ratio: 0.65 (141% above median its 10-year median of 0.27)
GF Value™: $102.20 vs. price of $99.44 (2.7% below fair value)
Industry Position: 51.2% above the Travel & Leisure median (#188 of 346)
No single metric tells the full story. See the VAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's majority revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.
84GF Score
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