Wynn Resorts Dividend and Recent Developments: Key Insights Before Ex-Dividend Date Aug 18, 2025

Wynn Resorts (WYNN) has announced its upcoming dividend with an ex-dividend date of Aug 18, 2025, an announcement date of Aug 7, 2025, and a dividend payout date set for Aug 29, 2025. The dividend stands at $0.250 per share. This figure is notably lower than the average of the last ten dividends, which amounts to $1.282 per share. The type of dividend is a cash dividend. Previously, the company issued a similar cash dividend of $0.250 per share on May 30, 2025.

Recently, Wynn Resorts reached a new 52-week high of $112.53, bolstered by Morgan Stanley's decision to raise its price target from $111.00 to $113.00, maintaining an overweight stance. This development highlights positive market sentiment around the company, suggesting potential growth in its stock value.

As of late, Wynn Resorts has faced a valuation debate, trading at a 23% premium to its 10-year P/E but a 20% discount to EV/EBITDA peers, reflecting market skepticism. Despite these mixed signals, the company's fundamentals remain strong, with analysts advising a cautious approach given the technical neutrality in its stock performance.

Over the past week, Wynn Resorts reported flat revenue growth for its second quarter, missing Wall Street expectations for both sales and non-GAAP profit. This outcome underscores the challenges the company faces in maintaining growth in a competitive market environment. However, casino revenues at Wynn Las Vegas experienced a remarkable year-over-year increase of 14.5%, driven by heightened activity in both drop and handle, signaling some areas of robust performance.

In conclusion, investors should be aware that Aug 18, 2025, is the last day to purchase Wynn Resorts stock to qualify for the upcoming dividend. Any acquisitions made after the ex-dividend date will not be eligible for the dividend payout.