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Marriott International, Inc. (MAQ.F)
| Previous close | 214.60 |
| Open | 214.20 |
| Bid | 214.60 x N/A |
| Ask | 215.45 x N/A |
| Day's range | 214.20 - 214.20 |
| 52-week range | 156.02 - 240.75 |
| Volume | |
| Avg. volume | 13 |
| Market cap | 61.458B |
| Beta (5Y monthly) | 1.62 |
| PE ratio (TTM) | 24.29 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.33 (1.07%) |
| Ex-dividend date | 23 May 2024 |
| 1y target est | N/A |
- Zacks
5 Stocks in Focus on Their Recent Dividend Hike
Five stocks that recently hiked dividend are MAR, CW, HNI, TSM and NOC.
- Investing.com
Starwood REIT limits withdrawals to preserve liquidity
Starwood's Real Estate Income Trust is limiting the ability of investors to redeem their investments as it attempts to reserve liquidity and avert a potential cash crunch as interest rates remain elevated. The Starwood REIT, which manages about $10 billion, said on Thursday that it would buy back only 1 percent of the value of the fund’s assets every quarter, down from 5 percent earlier. The Trust said that it had chosen this move because it was facing more withdrawals than it could meet with its cash on hand, as high interest rates hurt the real estate market, adding this was a better plan than selling properties at dirt-cheap levels.
- Reuters
UPDATE 1-Starwood REIT taps credit line as it faces withdrawal requests
Starwood Real Estate Income Trust has drawn nearly $1.3 billion from its $1.55 billion line of credit, its recent regulatory filing showed, as it fields withdrawal requests from investors worried about the troubles in the real estate sector. Run by Barry Sternlicht-led Starwood Capital Group, the $10 billion fund invests in real estate including multi-family and industrial properties, some of which have been battered by high interest rates and fears of loan defaults. Turmoil in the real estate industry has also hit regional banks like New York Community Bancorp, whose shares have lost nearly 65% since it reported a surprise quarterly loss due to its exposure to commercial real estate.
