Boyd Gaming (BYD) Reinstates $0.05 Quarterly Dividend; 0.9% Yield

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Go back to Boyd Gaming (BYD) Reinstates $0.05 Quarterly Dividend; 0.9% Yield

Boyd Gaming Reports First-Quarter 2017 Results; Company Reinstates Dividend, Reaffirms Share Repurchase Program

May 2, 2017 4:06 PM EDT

LAS VEGAS, May 2, 2017 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) today reported financial results for the first quarter ended March 31, 2017.  

The Company announced that its Board of Directors has authorized the reinstatement of the Company's cash dividend program, with an initial quarterly payment of $0.05 per share. The Board also reaffirmed the Company's existing share repurchase program, which has $92 million remaining.

Keith Smith, President and Chief Executive Officer of Boyd Gaming, said: "Thanks to the continued strength... More