Boyd Gaming (BYD) Suspends Dividend, Withdraws Guidance

March 25, 2020 4:16 PM EDT
Get Alerts BYD Hot Sheet
Price: $61.49 +0.20%

EPS Growth %: +202.0%

Financial Fact:
Other: 18.66M

Today's EPS Names:
MANU, More
Trade Now! 
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Boyd Gaming Corporation (NYSE: BYD) today announced that its Board of Directors has suspended its quarterly cash dividend program due to the impact of the COVID-19 pandemic on the Company's operations.

Currently, all of the Company's operations nationwide are closed due to state and local government orders aimed at preventing the spread of disease.

Separately, the Company today announced that it is withdrawing its previously announced Adjusted EBITDAR guidance for the full year 2020 and is suspending providing any new guidance until further notice, due to the continued impact of the pandemic on the Company's operations and its current inability to project future results.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Dividend Cut, Dividends, Guidance

Related Entities