Vail Resorts (MTN) Raises Quarterly Dividend 19.7% to $1.76; 3.5% Yield
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Vail Resorts Reports Fiscal 2019 Second Quarter Results, Increases Quarterly Dividend by 20% and Provides Updated Fiscal 2019 Guidance
March 8, 2019 6:45 AM ESTBROOMFIELD, Colo., March 8, 2019 /PRNewswire/ --Â Vail Resorts, Inc. (NYSE: MTN) today reported results for the second quarter of fiscal 2019 ended January 31, 2019 and provided the Company's ski season-to-date metrics through March 3, 2019.
Highlights
Net income attributable to Vail Resorts, Inc. was $206.3 million for the second fiscal quarter of 2019 compared to net income attributable to Vail Resorts, Inc. of $235.7 million in the same period in the prior year. As previously disclosed, fiscal 2018 second quarter net income included a one-time, net tax benefit of approximately $64.6 million (or... More