Key Highlights

• Boyd Gaming's $0.20 quarterly Dividend trades ex-date and Record Date September 15, 2026, payable October 15, yielding approximately 1.04%.

• Second-quarter Revenue was $1.03 billion, in line with the prior year, with property operating margins of 40%.

• The company returned more than $170 million to shareholders through dividends and share repurchases during the quarter.

• Las Vegas Locals results were affected by softness at the Orleans and construction disruption at the Suncoast.

Boyd Gaming's (NYSE:BYD) $0.20 quarterly dividend trades ex-date and record date September 15, payable October 15. Net Income was $131.2 million, down from $151.5 million a year earlier, with Midwest & South operations delivering revenue and Adjusted EBITDAR growth while Las Vegas Locals faced softness at the Orleans and construction disruption at the Suncoast.

Dividend Program and Shareholder Returns

Boyd Gaming's quarterly dividend is $0.20 per share, payable October 15 to shareholders of record and ex-dividend date September 15. The annualized dividend is $0.80 per share, unchanged since a February 2026 increase from $0.17. The company returned more than $170 million to shareholders in the quarter through dividends and share repurchases combined.

About the Company

Boyd Gaming operates regional casino-entertainment properties across the United States, with significant exposure to Nevada and other regional gaming markets, including an online gaming Business and a managed tribal casino in Northern California.

Financial Performance Behind the Payout

Boyd Gaming reported second-quarter revenue of $1.03 billion, in line with the prior year, with net income of $131.2 million, or $1.75 per diluted share, down from $151.5 million, or $1.84 per share, a year earlier. Adjusted Earnings were $144.4 million, or $1.93 per share, compared with $154.2 million, or $1.87 per share, in the year-earlier period. Total Adjusted EBITDAR was $350.5 million versus $357.9 million a year earlier. Property operating margins remained at 40%. Midwest & South operations delivered revenue and Adjusted EBITDAR growth, while Las Vegas Locals results were affected by softness at the Orleans and construction disruption at the Suncoast. The company held cash of $322.7 million and total Debt of $2.6 billion at quarter-end.

Outlook

Continued Midwest & South momentum, resolution of the Las Vegas Locals construction disruption at the Suncoast, and the balance between share repurchases and debt reduction are the factors management flagged as relevant to track ahead.