Vail Resorts (MTN) Raises Quarterly Dividend 30.1% to $0.81; 2.4% Yield
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Vail Resorts Reports Fiscal 2016 Second Quarter Results, Increases Fiscal 2016 Guidance and Increases Quarterly Dividend 30%
March 10, 2016 6:45 AM ESTBROOMFIELD, Colo., March 10, 2016 /PRNewswire/ --Â Vail Resorts, Inc. (NYSE: MTN) today reported results for the second quarter of fiscal 2016 ended January 31, 2016, provided the Company's ski season-to-date metrics through March 6, 2016 and updated full year fiscal 2016 guidance.
Highlights
Resort Reported EBITDA was $242.1 million for the second fiscal quarter of 2016, an increase of 21.2% compared to the same period in the prior year. Net income attributable to Vail Resorts, Inc. was $117.0 million for the second fiscal quarter of 2016, representing a 1.1% increase compared to the same... More