Red Rock Resorts Dividend Details and Recent Developments: Key Insights Before Ex-Dividend Date Jun 16, 2025

Red Rock Resorts has announced a cash dividend of $0.250 per share, with the ex-dividend date set for Jun 16, 2025. This announcement was made on May 1, 2025, and shareholders can expect dividend payments on Jun 30, 2025. Notably, the current dividend per share is lower than the average of the last ten dividends, which stood at $0.284. The company's last dividend payout occurred on May 21, 2025, with a significantly higher amount of $1.000 per share, also a cash dividend.

In recent developments, over the past week, Red Rock Resorts has witnessed several noteworthy events impacting its operations and market performance. As of late, analysts have noted a decline in the company's share price, which fell to $46.03, marking a disappointing 7.4% loss over the last six months. This drop has led some experts to suggest considering alternative stocks for investment. Recently, earnings projections indicate growth for Red Rock Resorts, with expectations of an 8.52% increase in earnings per share from $1.76 to $1.91 in the coming year. Analysts have also issued a "Hold" rating for the stock, setting a price target of $51.00.

Since the last update, Red Rock Resorts held its annual stockholders meeting, where shareholders approved board nominees. This corporate governance development is essential for the company's strategic direction and may influence future financial health. Additionally, Red Rock Resorts has demonstrated robust fundamentals, with a reported net income of $154.05 million and earnings of $2.580 per share over the past four quarters, highlighting its stable financial performance.

In conclusion, Red Rock Resorts presents a mixed picture of challenges and growth opportunities in the near term. Investors should note that Jun 16, 2025, is the last day to purchase shares and qualify for the upcoming dividend. Any acquisitions made after this ex-dividend date will not be eligible for the current dividend payout.