PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in North America. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates 44 properties in 20 states; online sports betting in 13 jurisdictions; and iCasino in five under a portfolio of brands, including Hollywood Casino, L'Auberge, Barstool Sportsbook, and theScore Bet. The company was formerly known as Penn National Gaming, Inc. and changed its name to PENN Entertainment, Inc. in August 2022. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.
PENN Entertainment Dividend Announcement
• PENN Entertainment announced a semi annually dividend of $0.62 per ordinary share which will be made payable on . Ex dividend date: 2017-06-14
• PENN Entertainment's trailing twelve-month (TTM) dividend yield is -%
PENN Entertainment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2017-06-14 | $0.62 | semi annually | |
2017-03-09 | $0.62 | semi annually | |
2008-06-26 | $1.50 | semi annually | 2008-07-15 |
PENN Entertainment Dividend per year
PENN Entertainment Dividend Yield
PENN Entertainment current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing PENN Entertainment stock? Use our calculator to estimate your expected dividend yield:
PENN Entertainment Financial Ratios
PENN Entertainment Dividend FAQ
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.
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