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Wynn Resorts could impress investors with its dividend track record

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Dividend history

On October 28, 2014, Wynn Resorts (WYNN) announced a cash dividend of $2.50 per share of its outstanding common stock payable on November 25, 2014, to stockholders of record on November 12, 2014. This cash dividend includes the company’s quarterly dividend of $1.50 per share and an additional cash dividend of $1.00 per share.

Part-9

The above chart shows that during the years ended December 31, 2013, 2012, 2011, 2010, and 2009, Wynn Resorts paid cash dividends totaling $7.00, $9.50, $6.50, $8.50, and $4.00 per share, respectively. For the trailing 12 months (or TTM) ending September 30, 2014, Wynn Resorts paid cash dividend totaling $7.75 per share.

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Quarterly dividends

In December 2013, Wynn Resorts paid a cash dividend of $3.00 per share, while in March 2013, June 2013, August 2013, and November 2013, the company paid a cash dividend of $1.00 per share.

This year, on January 30, 2014, Wynn Resorts announced a cash dividend of $1.25 per share under its quarterly cash dividend program. This cash dividend was paid on February 27, 2014, to stockholders of record as of February 13, 2014. On May 1, 2014, Wynn Resorts announced a cash dividend of $1.25 per share that was paid on May 29, 2014, to stockholders of record as of May 15, 2014. On July 29, 2014, the company announced a cash dividend of $1.25 per share payable on August 26, 2014, to stockholders of record on August 12, 2014.

Casino companies like Las Vegas Sands (LVS) also pay dividends. In October 2014, Las Vegas Sands declared a quarterly dividend of $0.50 per common share to be paid on December 29, 2014, to shareholders of record on December 18, 2014. However, MGM Resorts (MGM) has not paid dividends for over a decade. Exchange-traded funds (or ETFs) like Markets Vector Gaming (BJK) and Consumer Discretionary Select Sector Standard and Poors depositary receipt fund (XLY) invest in leisure companies.

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