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Boyd Gaming Increases Quarterly Dividend to $0.16 Per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Boyd Gaming Corporation (NYSE: BYD) has announced an increase in its quarterly dividend from $0.15 to $0.16 per share. The new dividend will be payable on April 15, 2023, to shareholders who are on record as of March 15, 2023. This decision reflects the company's ongoing commitment to returning value to its shareholders while maintaining a robust operational performance across its 28 gaming properties located in 10 states.
Positive
Quarterly dividend increased from $0.15 to $0.16 per share.
Dividend payment indicates strong financial health and commitment to shareholders.
Negative
None.
LAS VEGAS--(BUSINESS WIRE)--
Boyd Gaming Corporation(NYSE: BYD) today announced that its Board of Directors has increased the Company’s quarterly dividend to $0.16 per share, up from the prior quarterly dividend of $0.15 per share. The dividend is payable April 15, 2023, to shareholders of record at the close of business on March 15, 2023.
About Boyd Gaming
Founded in 1975, Boyd Gaming Corporation(NYSE: BYD) is a leading geographically diversified operator of 28 gaming entertainment properties in 10 states, and manager of a tribal casino in northern California. The Company is also a strategic partner and 5% equity owner of FanDuel Group, the nation's leading sports-betting operator. With one of the most experienced leadership teams in the casino industry, Boyd Gaming prides itself on offering its guests an outstanding entertainment experience, delivered with unwavering attention to customer service. Through a long-standing company philosophy called Caring the Boyd Way, Boyd Gaming is committed to advancing Environmental, Social and Corporate Governance (ESG) initiatives that positively impact the Company's stakeholders and communities. For additional Company information and press releases, visit https://investors.boydgaming.com.
What is the new dividend amount for BYD shareholders?
The new quarterly dividend amount for Boyd Gaming Corporation (BYD) is $0.16 per share.
When is the dividend payable for BYD?
The dividend is payable on April 15, 2023.
What is the record date for BYD's dividend?
The record date for the dividend is March 15, 2023.
How often does BYD pay dividends?
Boyd Gaming Corporation pays dividends quarterly.
Is the dividend increase for BYD sustainable?
The increase in dividend suggests strong financial health, but sustainability would depend on the company's future earnings and operational performance.