Plus   Neg

Wynn Resorts Raises Dividend - Quick Facts

Wynn Resorts, Limited (WYNN) announced an increased dividend of $0.75 per share, beginning first quarter, 2018. This results in a dividend rate of $3.00 per share for the year.

The dividend increase was announced during an update presentation to the investment community regarding recent operational and financial results as the company marks the first month since the appointment of Matt Maddox as its new CEO. The company said the results for the quarter through February 28th were strong, with expected total adjusted
Property EBITDA up between 27% and 34% over prior year.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
In a move likely to further inflame global trade tensions, President Donald Trump has threatened to impose a 20 percent tariff on all cars imported to the U.S. from the European Union. Trump claimed he would impose the new tariffs unless the EU removes tariffs and trade barriers placed on the U.S. The Federal Reserve has determined that the largest U.S. banks are strongly capitalized and would be able to lend to banks as well as households during a severe global economic recession. This is the fourth straight year that all banks have met the Federal Reserve's standards. The first round of results of the supervisory stress tests were released by the central bank on Thursday. The "safety" driver behind the wheel of a self-driving Uber was streaming a television show on her smartphone up until about the time of a fatal crash in March, according to a report from the Tempe Police Department. Uber's self-driving Volvo SUV, which was traveling at under 44 miles per hour, had struck and killed a pedestrian in Arizona on March 18.
Follow RTT