LAS VEGAS - Boyd Gaming Corporation (NYSE: NYSE:BYD (SZ:002594)) announced today that its Board of Directors has approved an increase in the company's quarterly dividend. The dividend has been raised from $0.16 to $0.17 per share, marking a growth in shareholder returns.
This enhanced dividend is scheduled to be paid on April 15, 2024, to shareholders who are on record as of March 15, 2024.
Boyd Gaming, established in 1975, operates a diversified portfolio of 28 gaming entertainment properties across 10 states. Additionally, the company manages a tribal casino in northern California and runs Boyd Interactive, which caters to both business-to-business and business-to-consumer segments in online casino gaming.
Boyd Gaming is also a strategic partner and holds a 5% equity stake in FanDuel Group, a prominent player in the nation's sports-betting market.
This recent announcement regarding the dividend increase is based on a press release statement from Boyd Gaming Corporation.
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