BYD Board Approves Cash Dividend of $0.18 per Share for October

Rhea-AI Filing Summary

Boyd Gaming Corporation's board declared a cash dividend of $0.18 per share, payable on October 15, 2025 to shareholders of record on September 15, 2025. The declaration is reported on Form 8-K as an Other Event.

The filing specifies the dividend amount and the record and payment dates but does not disclose the company’s earnings, the total dollar amount of the distribution, dividend frequency beyond this declaration, or management commentary explaining the payout. Shareholders on the record date will be eligible to receive the stated cash payment on the payment date.

Positive

• Declared dividend: Board approved a cash dividend of $0.18 per share
• Clear timing: Dividend is payable October 15, 2025 to holders of record on September 15, 2025

Negative

• None.

Insights

Financial Analyst

TL;DR Dividend returns cash to shareholders; the filing lists only amount and dates with no financial context.

The 8-K reports a $0.18 per share cash dividend with clear record and payment dates. From an analyst perspective this is a routine capital allocation item; however the filing lacks supporting metrics such as payout ratio, total cash outlay, or commentary on sustainability. Without additional financial data, the dividend’s impact on cash flow and earnings per share cannot be assessed from this filing alone.

Corporate Governance Expert

TL;DR Board-approved dividend is a standard shareholder distribution; disclosure is procedural and limited in detail.

The board action to declare a cash dividend was documented on Form 8-K, which is the appropriate mechanism for reporting such corporate actions. The report identifies the payment date and record date, but does not indicate any changes to dividend policy or provide rationale from the board. The disclosure fulfills reporting requirements but offers limited governance insight beyond the approval itself.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Understanding 8-K Material Events →

false 0000906553 0000906553 2025-08-12 2025-08-12

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

__________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (date of earliest event reported): August 12, 2025

Boyd Gaming Corporation

(Exact Name of Registrant as Specified in its Charter)

Nevada	001-12882	88-0242733
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

6465 South Rainbow Boulevard

Las Vegas, Nevada 89118

(Address of Principal Executive Offices, Including Zip Code)

(702) 792-7200

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐         Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐         Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐         Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐         Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, $0.01 par value	BYD	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01.      Other Events.

On August 12, 2025, the Board of Directors of Boyd Gaming Corporation declared a cash dividend of $0.18 per share, payable October 15, 2025, to shareholders of record on September 15, 2025.

2

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 14, 2025	BOYD GAMING CORPORATION
	By: /s/ Lori M. Nelson
	Lori M. Nelson
	Senior Vice President Financial Operations and Reporting and Chief Accounting Officer

3

FAQ

What dividend did Boyd Gaming (BYD) declare?

The board declared a cash dividend of $0.18 per share.

When is the BYD dividend payable?

The dividend is payable on October 15, 2025.

What is the record date for Boyd Gaming's dividend?

Shareholders of record on September 15, 2025 will be eligible for the payment.

Where was the dividend declaration reported for BYD?

The declaration was reported on a Form 8-K under Other Events.

Does the filing disclose the total payout or rationale?

No. The filing specifies the per-share amount and dates but does not disclose the total cash amount or management rationale.