Wynn Resorts Declares Special Cash Dividend and Announces Board Approval of a Regular Cash Dividend Commencing in 2010
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Wynn Resorts Declares Special Cash Dividend and Announces Board Approval of a Regular Cash Dividend Commencing in 2010
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Category: Worldwide - Industry economy
- Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2009-11-10
Wynn Resorts, Limited (Nasdaq:WYNN), announced today that its Board of Directors declared a special cash dividend of $4.00 per share on its outstanding common stock. This dividend will be payable on December 3, 2009, to stockholders of record on November 19, 2009. The stock will begin to trade ex-dividend on November 17, 2009.
The Company’s Board of Directors also approved the commencement of a regular cash dividend program, beginning in 2010. It is currently anticipated this regular cash dividend will be $0.20 per share of common stock for the first quarter of 2010, payable in the second quarter of 2010.
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