Bowlero Announces Quarterly Dividend of $0.055 per Share, Maintains Forward Yield of 2.15%

Bowlero has declared a quarterly dividend of $0.055 per share, in line with previous payments. The forward yield is 2.15%. The dividend is payable on September 12, with a record date of August 29 and an ex-dividend date of August 29.

Lucky Strike Entertainment (LUCK) has announced a regular quarterly cash dividend of $0.055 per common share. The dividend will be payable on September 12, 2025, to stockholders of record on August 29, 2025. This dividend is part of the company's ongoing commitment to shareholder value and reflects its robust financial performance [1].

The company operates over 360 locations across North America, offering experiential offerings in bowling, amusements, water parks, and family entertainment centers. Despite recent challenges, the company continues to invest in its properties and expand its offerings to meet evolving consumer demands [1].

Lucky Strike Entertainment's stock has traded sideways for the last few years, with a market capitalization of $1.47 billion and a price-to-earnings ratio of -149.84. The company's 50-day moving average is $9.79, and its two-hundred day moving average is $9.71. Institutional investors and hedge funds own 68.11% of the company's stock, with insider ownership at 79.90% [1].

Analyst ratings for Lucky Strike Entertainment have been mixed, with an average rating of "Hold" among six ratings firms covering the company. One analyst has given a sell rating, two have issued a hold rating, and three have set a buy rating. The average 1-year price objective among brokers is $11.60, with a range of $9.00 to $16.00 [1].

The company's latest earnings report indicated a decline in quarterly net income and revenue, primarily driven by softness in the corporate events segment. However, the company remains optimistic about its future prospects and is focusing on cost discipline rather than growth. Management cited economic uncertainty as a major factor in the company's recent performance [1].

Despite the recent challenges, Lucky Strike Entertainment remains a significant player in the location-based entertainment industry. The company's strong brand portfolio and diverse offerings position it well for long-term growth. However, investors should monitor the company's ability to navigate economic uncertainty and restore investor confidence [1].

References:
[1] https://www.ainvest.com/news/lucky-strike-entertainment-announces-0-055-share-quarterly-cash-dividend-2508/