Vail Resorts As of May 18, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
MTN $7.64 117.0% 0.0% -100.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Mountain Resorts & Ski Areas 3.3% 1 N/A Quarter 2021
Vail Resorts reinstates dividend

Vail Resorts (MTN) will reinstate its quarterly dividend in 2021 with a new payment of $0.88 per share. In 2020 MTN had suspended its quarterly dividend because of the COVID-19 pandemic.This followed a dividend hike 19.7 percent to $1.76 per share in 2019, marking the 8th consecutive year of higher dividends by the mountain resort operator at the time.

From the company's press release: "We are also pleased to announce that the Board of Directors has reinstated our quarterly dividend by declaring a cash dividend on Vail Resorts' common stock of $0.88 per share, payable on October 22, 2021 to shareholders of record on October 5, 2021. This dividend payment equates to 50% of pre-pandemic levels and reflects our continued confidence in the strong free cash flow generation and stability of our business model despite the ongoing risks associated with COVID-19. Our Board of Directors will continue to closely monitor the economic and public health outlook on a quarterly basis to assess the level of our quarterly dividend going forward."

The new annual dividend rate of $3.52 per share will yield 1.0% at a stock price of $348 for Vail Resorts. The next ex-dividend date for the quarterly dividend of 88 cents by MTN is October 4, 2021.

Vail Resorts, Inc. is a mountain resort operator. Vail Resorts' subsidiaries operate mountain resorts and urban ski areas, including Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in British Columbia, Canada; Perisher in Australia; Wilmot Mountain in Wisconsin; Afton Alps in Minnesota and Mt. Brighton in Michigan. Vail Resorts owns and/or manages a collection of casually elegant hotels under the RockResorts brand, as well as the Grand Teton Lodge Company in Jackson Hole, Wyoming. The company had paid a dividend every year since 2011 prior to the suspension announced in 2020 because of the COVID-19 pandemic.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
May 25 XYL 1.5% 7.1%
May 25 AMAT 0.9% 8.3%
May 25 DFS 1.9% 0.0%
May 26 FTV 0.5% 0.0%
May 26 IP 3.8% 0.0%
May 26 HII 2.3% 0.0%
May 26 HLT 0.5% 0.0%
May 26 MAS 2.1% 19.1%
May 26 SPGI 1.0% 10.4%
May 26 FBHS 1.7% 0.0%