The Marcus Corporation
MCSCommunication Services · Stock · quarterly payer
Forward Yield
1.32%
Annual Dividend
$0.36
Payout Ratio
43%
5-Yr Growth
-15.1%
Ex-Date
Aug 25, 2026
Frequency
Quarterly
Summary
As of September 2026, The Marcus Corporation (MCS) yields 1.32% ($0.36 per share annually), with a blended fair-value estimate of $31.49 — +15% upside, so it screens as undervalued. Dividend safety grade: C (65/100). 3 years of dividend growth.
Is MCS a good dividend stock?
Yes, with caveatsThe Marcus Corporation (MCS) pays a quarterly dividend yielding 1.32% ($0.36/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (43%)
- 56% total price return over 5 years
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 1.32%
- Payout Ratio
- 43%
- Annual Dividend
- $0.36
- 5-Yr Avg Growth
- -15.1%
- Ex-Dividend Date
- Aug 25, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.51
- Market Cap
- $840.8M
- P/E Ratio
- 36.9
- 5-Yr Total Return
- 56%
- 52-Week Range
- $12.85 – $32.42
- Dividend Safety
- C · 65/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
MCS Price — Last 12 Months
Daily close
Price Return
1 Year
+76%
3 Years
+76%
5 Years
+56%
52-Week Range
$12.85 – $32.42
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MCS worth?
Undervaluedlow confidenceOur blended fair-value estimate for The Marcus Corporation is $31.49 per share, versus a market price of $27.27. That implies 15% of upside — a margin of safety of about 13%.
Fair Value
$31.49
Current Price
$27.27
Upside
+15%
Margin of Safety
13%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 10.0% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.74 EPS, $0.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MCS Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 25, 2026 | — | $0.0900 | regular |
| Jun 1, 2026 | — | $0.0800 | regular |
| Feb 25, 2026 | — | $0.0800 | regular |
| Nov 25, 2025 | — | $0.0800 | regular |
| Aug 25, 2025 | — | $0.0800 | regular |
| May 27, 2025 | — | $0.0700 | regular |
| Feb 25, 2025 | — | $0.0700 | regular |
| Nov 25, 2024 | — | $0.0700 | regular |
| Aug 26, 2024 | — | $0.0700 | regular |
| Jun 17, 2024 | — | $0.0700 | regular |
| Mar 1, 2024 | — | $0.0700 | regular |
| Nov 24, 2023 | — | $0.0700 | regular |
| Aug 24, 2023 | — | $0.0700 | regular |
| Jun 1, 2023 | — | $0.0500 | regular |
Income Calculator
At $0.36 / yr per share
