Lucky Strike Entertainment declares quarterly dividend of $0.055

Published 19/08/2025, 22:06
Lucky Strike Entertainment declares quarterly dividend of $0.055

RICHMOND - Lucky Strike Entertainment (NYSE:LUCK), a location-based entertainment operator with a market capitalization of $1.43 billion, announced Tuesday it will pay a quarterly cash dividend of $0.055 per common share, representing an annual yield of 2.11%.

The dividend will be payable on September 12, 2025, to stockholders of record as of August 29, 2025, according to a company press release.

Lucky Strike Entertainment operates over 360 entertainment venues across North America, offering bowling, amusements, water parks, and family entertainment centers. The company also owns the Professional Bowlers Association.

The quarterly dividend announcement comes as the company continues its regular shareholder return program. Lucky Strike Entertainment made the declaration as part of its standard financial operations.

The company, which trades on the New York Stock Exchange under the ticker LUCK, provides experiential entertainment offerings across its North American locations.

In other recent news, Lucky Strike Entertainment has announced the acquisition of five entertainment venues, including two water parks and three family entertainment centers. This expansion includes Raging Waters Los Angeles, the largest water park in California, and other locations that collectively attract over 1.5 million visitors annually. Additionally, Lucky Strike has increased its revolving credit facility by $50 million, bringing the total to $385 million, in an agreement with JPMorgan Chase Bank. In a significant real estate transaction, the company acquired the real estate of 58 venues for $306 million, transitioning from tenant to owner, which previously generated $80 million in annualized EBITDAR. Analyst firm Stifel reiterated a Buy rating on Lucky Strike, maintaining a $12.00 price target, and noting the positive impact of the real estate deal on free cash flow and earnings per share. Texas Capital Securities also initiated coverage with a Buy rating and a $14.00 price target, despite past concerns about consumer spending and sales trends. These developments indicate strategic growth and financial restructuring efforts by Lucky Strike Entertainment.

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