BOYD GAMING INCREASES QUARTERLY DIVIDEND TO $0.18 PER SHARE

Rhea-AI Summary

Boyd Gaming (NYSE: BYD) has announced an increase in its quarterly dividend from $0.17 to $0.18 per share. The dividend will be payable on April 15, 2025, to shareholders of record as of March 17, 2025.

The announcement comes as Boyd Gaming celebrates its 50th anniversary in 2025. The company operates 28 gaming entertainment properties across 10 states, manages a tribal casino in northern California, and owns Boyd Interactive, a B2B and B2C online casino gaming business. Additionally, Boyd Gaming holds a 5% equity stake in FanDuel Group, the nation's leading sports-betting operator.

Positive

• Dividend increase of 5.9% from $0.17 to $0.18 per share
• Geographically diversified operations across 28 properties in 10 states
• Strategic 5% equity ownership in FanDuel Group, the leading sports-betting operator
• Diversified revenue streams through B2B and B2C online casino gaming business

Negative

• None.

LAS VEGAS, Feb. 20, 2025 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) announced that its Board of Directors has increased the Company's quarterly dividend to $0.18 per share, up from the prior quarterly dividend of $0.17 per share. The dividend is payable April 15, 2025, to shareholders of record at the close of business on March 17, 2025.

About Boyd Gaming
Celebrating its 50^th anniversary in 2025, Boyd Gaming Corporation (NYSE: BYD) is a leading geographically diversified operator of 28 gaming entertainment properties in 10 states, manager of a tribal casino in northern California, and owner and operator of Boyd Interactive, a B2B and B2C online casino gaming business. 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 guests an outstanding entertainment experience and memorable customer service.  Through a long-standing company philosophy called Caring the Boyd Way, Boyd Gaming is committed to advancing Corporate Social Responsibility (CSR) initiatives that positively impact the Company's stakeholders and communities.  For additional Company information and press releases, visit https://investors.boydgaming.com.

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SOURCE Boyd Gaming Corporation

FAQ

What is Boyd Gaming's new quarterly dividend amount for 2025?

Boyd Gaming's new quarterly dividend is $0.18 per share, increased from the previous $0.17 per share.

When will Boyd Gaming (BYD) pay its next dividend?

Boyd Gaming will pay its next dividend on April 15, 2025, to shareholders of record as of March 17, 2025.

What is the percentage increase in Boyd Gaming's quarterly dividend?

Boyd Gaming increased its quarterly dividend by approximately 5.9%, from $0.17 to $0.18 per share.

How many gaming properties does Boyd Gaming (BYD) currently operate?

Boyd Gaming operates 28 gaming entertainment properties across 10 states, plus manages a tribal casino in northern California.

What is Boyd Gaming's ownership stake in FanDuel Group?

Boyd Gaming holds a 5% equity stake in FanDuel Group, the nation's leading sports-betting operator.