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Archon Corporation, through its subsidiary, Pioneer Hotel Inc., engages in the ownership, management, and operation of casinos and hotels in the United States. It operates the Pioneer Hotel & Gambling Hall (the Pioneer) in Laughlin, Nevada that consists of casino, as well as 416 motel rooms. As of September 30, 2010, the Pioneer had approximately 686 slot machines, 6 blackjack tables, 1 craps table, 1 roulette wheel, and 5 other gaming tables. The company also owns real estate properties on Las Vegas Boulevard South in Las Vegas, Nevada; and rental properties that include commercial office space in Dorchester, Massachusetts. Archon Corporation was founded in 1991 and is based in Laughlin, Nevada.

Archon Dividend Announcement

Archon does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Archon dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Archon Dividend Yield

Archon current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Archon stock? Use our calculator to estimate your expected dividend yield:

Archon Financial Ratios

P/E ratio-94.33
PEG ratio-3.47
P/B ratio2.06
ROE-2.15%
Payout ratio0.00%
Current ratio1.79
Quick ratio1.79
Cash Ratio0.58

Archon Dividend FAQ

Does Archon stock pay dividends?
Archon does not currently pay dividends to its shareholders.
Has Archon ever paid a dividend?
No, Archon has no a history of paying dividends to its shareholders. Archon is not known for its dividend payments.
Why doesn't Archon pay dividends?
There are several potential reasons why Archon would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Archon ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Archon has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Archon a dividend aristocrat?
Archon is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Archon a dividend king?
Archon is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Archon a dividend stock?
No, Archon is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Archon stocks?
To buy Archon you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Archon stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.