International Game Technology (IGT) has announced its upcoming dividend schedule, with the ex-dividend date set for May 29, 2025, and the payment date slated for Jun 12, 2025. The dividend per share is $0.200, which is lower than the average of the last 10 dividends, calculated at $0.243 per share. This dividend maintains the same payout as the previous distribution on Mar 25, 2025, which was also $0.200 per share. The dividend type is identified as a cash dividend.
Recently,
PLC (NYSE:IGT) has been at the center of several significant news reports. Over the past week, analysts have set a consensus target price for
at $23.25, reflecting institutional investors' continued interest in the company. As of late, the company has been actively participating in global trade shows and conferences within the lottery, casino gaming, sports betting, and igaming industries, showcasing its commitment to expanding market influence. Since the last update, there has been a notable pivot towards digital gaming, with analysts perceiving substantial growth potential in lotteries, sports betting, igaming, and bingo, despite facing higher operational costs.
In summary, IGT is navigating through a dynamic period with strategic shifts towards digital platforms and active engagement in industry events. The company’s stock continues to attract attention from institutional investors, aligning with the optimism surrounding its diversified gaming offerings. It's essential to note that the ex-dividend date of May 29, 2025, marks the final opportunity for investors to purchase IGT stock and be eligible for the upcoming dividend. Any acquisitions post this date will not qualify for the current dividend distribution.
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