Golden Entertainment, Inc. (GDEN) Declares $1.71 Special Dividend; 13.9% Yield

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Go back to Golden Entertainment, Inc. (GDEN) Declares $1.71 Special Dividend; 13.9% Yield

Golden Entertainment Declares Special Cash Dividend Estimated to be $1.71 Per Eligible Share

June 20, 2016 6:00 AM EDT

LAS VEGAS--(BUSINESS WIRE)-- Golden Entertainment, Inc. (NASDAQ: GDEN) (Golden or the Company) announced today that its Board of Directors declared a special cash dividend of an aggregate of approximately $23.5 million, payable on July 14, 2016 to eligible shareholders of record as of the close of business on June 30, 2016 (Record Date). The Company estimates that the special cash dividend payable to eligible shareholders will be $1.71 per common share, based on 13,750,489 eligible shares currently outstanding. The Company will calculate and announce the final per share amount of the special dividend promptly following the Record Date by dividing the... More