Boyd Gaming Corporation (BYD) has announced the payment of a new quarterly dividend of $0.15 per share in 2022. In 2020 the gaming company had suspended its quarterly dividend due to the impact of the COVID-19 pandemic. In 2019 BYD last raised its quarterly dividend by 16.7 percent to $0.07 per share. The new quarterly dividend rate is more than double the 2019 rate.

The next BYD dividend of 15 cents will be paid on March 15, 2022 to shareholders of record on March 15, 2022. The next ex-dividend date for Boyd Gaming is March 14. A 60 cent annual dividend rate yields 1% to shareholders at a stock price of $60 for BYD.

Boyd Gaming Corporation is a multi-jurisdictional gaming company, operating gaming entertainment properties in seven states. Headquartered in Las Vegas, Boyd operates wholly owned gaming entertainment properties in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio and Pennsylvania. The company derives the majority of its revenues from its gaming operations, with Food & Beverage revenues being its next most significant revenue source. Boyd Gaming Corporation has been in operation since 1975 and initiated a quarterly dividend in 2017.