Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
LAS VEGAS - Boyd Gaming Corporation (NYSE:BYD), a $6.76 billion market cap casino operator, announced Thursday that its Board of Directors has declared a quarterly cash dividend of $0.18 per share. The company has consistently raised its dividend for three consecutive years, with the current yield at 0.85%.
The dividend will be payable on October 15, 2025, to shareholders of record at the close of business on September 15, 2025. According to InvestingPro, the company maintains impressive gross profit margins of 61% and a return on equity of 36%, indicating strong operational efficiency. Discover 10+ more exclusive ProTips and comprehensive dividend analysis with InvestingPro.
Boyd Gaming, which is celebrating its 50th anniversary this year, operates 28 gaming entertainment properties across 10 states. The company also manages a tribal casino in northern California and owns Boyd Interactive, an online casino gaming business with both B2B and B2C operations.
The company, known for its experienced leadership team in the casino industry, made the announcement in a press release statement.
In other recent news, Boyd Gaming Corporation reported strong financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share of $1.87, which was higher than the forecasted $1.65. Additionally, Boyd Gaming’s revenue reached $1.03 billion, exceeding the anticipated $979.42 million. In another development, Boyd Gaming completed the sale of its 5% equity interest in FanDuel Group to Flutter Entertainment for $1.758 billion in cash. The funds from this transaction are intended for debt reduction and other strategic financial initiatives. Boyd Gaming plans to continue investing in its properties and exploring growth opportunities while maintaining a robust balance sheet. These recent developments highlight Boyd Gaming’s ongoing efforts to strengthen its financial position and pursue strategic growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.