Boyd Gaming announces increase of quarterly dividend

(PRESS RELEASE) -- Boyd Gaming Corporation today announced that its Board of Directors has increased the company's quarterly cash dividend to $0.06 per share, up from the prior quarterly dividend of $0.05 per share. The dividend is payable on 15 July 2018, to shareholders of record at the close of business on 29 June 2018.

Keith Smith, President and Chief Executive Officer of Boyd Gaming, said, "Thanks to our strong and growing free cash flow, we are able to strengthen our ongoing capital return program through a 20% increase in our cash dividend. We remain committed to a well-balanced approach to creating shareholder value through investing in accretive growth opportunities, continued deleveraging, and returning capital to shareholders through a combination of share repurchases and dividend payments."