Boyd Gaming Corporation (BYD) To Go Ex-Dividend on December 15th

Boyd Gaming Corporation (NYSE:BYD) announced a quarterly dividend on Thursday, December 4th. Stockholders of record on Monday, December 15th will be given a dividend of 0.18 per share on Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, December 15th.

Boyd Gaming has increased its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 4 consecutive years. Boyd Gaming has a dividend payout ratio of 10.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Boyd Gaming to earn $7.10 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 10.1%.

Boyd Gaming Stock Performance

Shares of BYD stock traded up $0.77 during trading hours on Friday, reaching $85.16. 982,862 shares of the company’s stock were exchanged, compared to its average volume of 704,025. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.51 and a quick ratio of 0.49. The company’s 50 day moving average is $81.35 and its two-hundred day moving average is $81.67. The company has a market cap of $6.65 billion, a P/E ratio of 3.72, a price-to-earnings-growth ratio of 2.25 and a beta of 1.24. Boyd Gaming has a 1 year low of $58.94 and a 1 year high of $88.49.

Boyd Gaming (NYSE:BYD) last announced its quarterly earnings data on Tuesday, April 11th. The company reported $1.35 earnings per share for the quarter. Boyd Gaming had a return on equity of 34.63% and a net margin of 46.02%.The firm had revenue of $707.32 million for the quarter. Equities research analysts anticipate that Boyd Gaming will post 6.52 EPS for the current fiscal year.

Boyd Gaming Company Profile

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. The company operates through Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online segments.