Vail Resorts (MTN) Raises Quarterly Dividend 30% to $1.053; 2.3% Yield

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Go back to Vail Resorts (MTN) Raises Quarterly Dividend 30% to $1.053; 2.3% Yield

Vail Resorts Reports Fiscal 2017 Second Quarter Results and Increases Quarterly Dividend by 30%

March 10, 2017 6:45 AM EST

BROOMFIELD, Colo., March 10, 2017 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today reported results for the second quarter of fiscal 2017 ended January 31, 2017 and provided the Company's ski season-to-date metrics through March 5, 2017.

Highlights

Net income attributable to Vail Resorts, Inc. was $149.2 million for the second fiscal quarter of 2017, an increase of 27.5% compared to net income of $117.0 million for the second fiscal quarter of 2016. Resort Reported EBITDA was $305.2 million for the second fiscal quarter of 2017, which includes the operations of Whistler Blackcomb and $2.1 million of transaction, transition and integration costs... More