Boyd Gaming (BYD) Suspends Dividend, Withdraws Guidance
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Revenue Growth %: -1.2%
Financial Fact:
Net revenues: 531.9M
Today's EPS Names:
MAXN, CSTR, ACU, More
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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.
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