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Golden Entertainment, Inc., together with its subsidiaries, engages in the ownership and operation of a diversified entertainment platform in the United States. The company operates through four segments: Nevada Casino Resorts, Nevada Locals Casinos, Maryland Casino Resort, and Distributed Gaming. The Nevada Casino Resorts segment comprises of destination casino resort properties that include various food and beverage outlets, entertainment venues, and other amenities. The Nevada Locals Casinos segment consists of casino properties that cater to local customers. The Maryland Casino Resort segment operates Rocky Gap casino resort, including various food and beverage outlets, signature golf course, spa, and pool. The Distributed Gaming segment operates slot machines and amusement devices in non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, and grocery stores. As of February 17, 2022, the company operated approximately 16,900 slots, 120 table games, and 6,200 hotel rooms; 10 casinos; and video gaming devices at 1,100 locations, as well as owned 60 traditional taverns. The company was formerly known as Lakes Entertainment, Inc. and changed its name to Golden Entertainment, Inc. in July 2015. Golden Entertainment, Inc. was incorporated in 1998 and is headquartered in Las Vegas, Nevada.

Golden Entertainment Dividend Announcement

• Golden Entertainment announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2025-01-07. Ex dividend date: 2024-12-20
• Golden Entertainment annual dividend for 2024 was $1.00
• Golden Entertainment annual dividend for 2023 was $2.00
• Golden Entertainment's trailing twelve-month (TTM) dividend yield is 2.21%
• Golden Entertainment's payout ratio for the trailing twelve months (TTM) is 77.21%

Golden Entertainment Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-20$0.25quarterly2025-01-07
2024-09-17$0.25quarterly2025-01-07
2024-06-14$0.25quarterly2024-07-02
2024-03-15$0.25quarterly2024-04-04
2023-08-10$2.00quarterly2023-08-25
2016-06-28$1.71quarterly2016-07-14

Golden Entertainment Dividend per year

Golden Entertainment Dividend Yield

Golden Entertainment current trailing twelve-month (TTM) dividend yield is 2.21%. Interested in purchasing Golden Entertainment stock? Use our calculator to estimate your expected dividend yield:

Golden Entertainment Financial Ratios

P/E ratio10.25
PEG ratio-1.50
P/B ratio1.87
ROE17.29%
Payout ratio77.21%
Current ratio1.11
Quick ratio1.03
Cash Ratio0.72

Golden Entertainment Dividend FAQ

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