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Bally's Corporation, a gaming, hospitality, and entertainment company, engages in casinos and resorts, and online gaming businesses in the United States. The company operates through three segments: Casinos & Resorts, North America Interactive, and International Interactive. It offers physical and interactive entertainment and gaming experiences, including traditional casino offerings, iCasino, online bingo games, sportsbook, daily fantasy sports, and free-to-play games. The company owns and manages Twin River Hotel in Lincoln, Rhode Island; Tiverton Casino & Hotel in Tiverton, Rhode Island; Dover Casino Resort in Dover, Delaware; Atlantic City Casino Resort in Atlantic City, New Jersey; Evansville Casino & Hotel in Evansville, Indiana; Hard Rock Hotel & Casino in Biloxi, Mississippi; Vicksburg Casino in Vicksburg, Mississippi; Kansas City Casino in Kansas City, Missouri; Black Hawk hotel in Black Hawk, Colorado; Shreveport Casino & Hotel in Shreveport, Louisiana; Lake Tahoe Casino Resort in Lake Tahoe, Nevada; Quad Cities Casino & Hotel in Rock Island, Illinois; and Arapahoe Park in Aurora, Colorado. As of December 31, 2021, it owned and operated 14 casinos that comprise 14,900 slot machines, 500 game tables, and 3,900 hotel rooms, as well as a horse racetrack across ten states. The company was formerly known as Twin River Worldwide Holdings, Inc. and changed its name to Bally's Corporation in November 2020. Bally's Corporation was incorporated in 2004 and is headquartered in Providence, Rhode Island.

Bally's Dividend Announcement

Bally's announced a annually dividend of $0.10 per ordinary share which will be made payable on 2020-03-20. Ex dividend date: 2020-03-05
Bally's's trailing twelve-month (TTM) dividend yield is -%

Bally's Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-03-05$0.10annually2020-03-20
2019-10-11$0.10annually2019-10-25
2019-07-08$0.10annually2019-07-23

Bally's Dividend per year

Bally's Dividend Yield

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

Bally's Financial Ratios

P/E ratio-1.16
PEG ratio0.27
P/B ratio3.69
ROE-174.24%
Payout ratio0.00%
Current ratio0.56
Quick ratio0.54
Cash Ratio0.22

Bally's Dividend FAQ

Does Bally's stock pay dividends?
Bally's does not currently pay dividends to its shareholders.
Has Bally's ever paid a dividend?
No, Bally's has no a history of paying dividends to its shareholders. Bally's is not known for its dividend payments.
Why doesn't Bally's pay dividends?
There are several potential reasons why Bally's 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 Bally's 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 Bally's 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 Bally's a dividend aristocrat?
Bally's 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 Bally's a dividend king?
Bally's 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 Bally's a dividend stock?
No, Bally's 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 Bally's stocks?
To buy Bally's 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 Bally's 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.