Boyd Gaming Announces Quarterly Dividend of $0.18 per Share

Boyd Gaming has declared a quarterly dividend of $0.18/share, in line with the previous payout. The forward yield is 0.85%. The dividend is payable on October 15 for shareholders of record on September 15, with an ex-dividend date of September 15.

Boyd Gaming Corporation (NYSE: BYD) has announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, payable on October 15, 2025, to shareholders of record at the close of business on September 15, 2025 [1][2][3]. This dividend is in line with the previous payout and represents a forward yield of 0.85% [1].

The company, celebrating its 50th anniversary in 2025, operates 28 gaming entertainment properties in 10 states, manages a tribal casino in northern California, and owns and operates Boyd Interactive, a B2B and B2C online casino gaming business [1]. Boyd Gaming is known for its experienced leadership team and commitment to providing an outstanding entertainment experience to its guests [1].

Financial Performance and Valuation

Boyd Gaming showcased positive performance over the past three months, achieving a revenue growth rate of 6.87% as of June 30, 2025 [4]. The company's gross margin of 50.97% reflects superior cost management and profitability compared to its peers [4]. Boyd Gaming's earnings per share (EPS) are significantly higher than the industry average, currently at 1.84 [4].

The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 3.06 [4]. The current P/E ratio of 13.05 is below industry norms, indicating potential undervaluation and presenting an investment opportunity [4]. Additionally, the lower-than-average P/S ratio of 1.82 and EV/EBITDA ratio of 8.82 suggest attractive value opportunities [4].

Insider Transactions

On August 13, 2025, William R. Boyd, a Board Member at Boyd Gaming, sold 13,000 shares of Boyd Gaming worth $1,060,800 [4]. While insider transactions can provide insights into a company's future prospects, they should be considered in the context of broader market trends and company performance. Boyd Gaming's stock price remained relatively stable at $84.33 as of Thursday morning following the transaction [4].

Conclusion

Boyd Gaming's declaration of a quarterly dividend of $0.18 per share, payable on October 15, 2025, to shareholders of record on September 15, is a positive development for investors. The company's strong financial performance, experienced leadership, and attractive valuation metrics provide a solid foundation for continued investment consideration. However, investors should remain vigilant and consider the broader market context and potential impacts of insider transactions.

References

[1] https://www.prnewswire.com/news-releases/boyd-gaming-announces-quarterly-dividend-302528240.html
[2] https://www.marketscreener.com/news/boyd-gaming-corporation-announces-quarterly-cash-dividend-payable-on-october-15-2025-ce7c51d9da8cf423
[3] https://www.marketscreener.com/news/boyd-gaming-keeps-quarterly-dividend-at-0-18-per-share-payable-oct-15-to-shareholders-of-record-a-ce7c51d9da8bff26
[4] https://www.benzinga.com/insights/news/25/08/47126771/insider-transaction-william-r-boyd-sells-1-06m-worth-of-boyd-gaming-shares