Boyd Gaming Corporation (BYD) to Issue Quarterly Dividend of $0.20 on October 15th

Boyd Gaming Corporation (NYSE:BYDGet Free Report) declared a quarterly dividend on Thursday, August 13th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.20 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

Boyd Gaming has a payout ratio of 11.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Boyd Gaming to earn $7.77 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 10.3%.

Boyd Gaming Price Performance

Boyd Gaming stock opened at $84.09 on Friday. The stock has a market capitalization of $6.11 billion, a P/E ratio of 3.70, a P/E/G ratio of 2.04 and a beta of 1.08. The company’s fifty day moving average price is $86.67 and its 200 day moving average price is $84.67. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.74 and a current ratio of 0.77. Boyd Gaming has a 1 year low of $76.33 and a 1 year high of $91.41.

Boyd Gaming (NYSE:BYDGet Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.04. The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Boyd Gaming had a net margin of 44.34% and a return on equity of 22.52%. The firm’s revenue for the quarter was up .0% on a year-over-year basis. During the same period in the prior year, the business posted $1.87 earnings per share. As a group, equities research analysts anticipate that Boyd Gaming will post 7.29 earnings per share for the current fiscal year.

About Boyd Gaming

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Boyd Gaming Corporation (NYSE: BYD) is a diversified hospitality and gaming company headquartered in Las Vegas, Nevada. The company develops, owns and operates a portfolio of branded gaming and entertainment properties, including casinos, hotels, restaurants and meeting facilities. Boyd Gaming’s offerings range from slot machines and table games to live entertainment, dining concepts and convention space, designed to appeal to both regional and destination visitors.

Founded in 1975 by its namesake, William S.

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Dividend History for Boyd Gaming (NYSE:BYD)

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