Boyd Gaming Declares Quarterly Dividend

TL;DR

Boyd Gaming is paying out a $0.17 dividend on June 14th.

AI Summary

Boyd Gaming Corporation announced on May 9, 2024, that its Board of Directors has declared a quarterly cash dividend of $0.17 per share, payable on June 14, 2024, to stockholders of record as of May 24, 2024. The company also reported on the election of new directors and changes in executive compensation arrangements.

Why It Matters

This dividend declaration indicates the company's continued financial health and commitment to returning value to shareholders.

Risk Assessment

Risk Level: low — The filing primarily concerns routine corporate actions like dividend declarations and director elections, which typically carry low risk.

Key Numbers

• $0.17 — Quarterly Dividend Per Share (Amount to be paid to shareholders on June 14, 2024.)

Key Players & Entities

• Boyd Gaming Corporation (company) — Registrant
• May 9, 2024 (date) — Date of earliest event reported
• $0.17 (dollar_amount) — Quarterly cash dividend per share
• June 14, 2024 (date) — Payment date for dividend
• May 24, 2024 (date) — Record date for dividend

FAQ

Key Financial Figures

• $0.01 — ge on which registered Common Stock , $0.01 par value BYD New York Stock Exchange
• $500 million — (the "Board") authorized an additional $500 million under the Company's existing share repu
• $721 million — rization, the Company had approximately $721 million remaining in repurchase authority as of
• $0.17 — , the Board declared a cash dividend of $0.17 per share, payable July 15, 2024, to sh

Filing Documents

• bgc20240502_8k.htm (8-K) — 42KB
• boydgaminglogo.jpg (GRAPHIC) — 5KB
• 0001437749-24-016111.txt ( ) — 185KB
• byd-20240509.xsd (EX-101.SCH) — 3KB
• byd-20240509_def.xml (EX-101.DEF) — 11KB
• byd-20240509_lab.xml (EX-101.LAB) — 15KB
• byd-20240509_pre.xml (EX-101.PRE) — 11KB
• bgc20240502_8k_htm.xml (XML) — 3KB

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. At the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Boyd Gaming Corporation (the "Company"), held on May 9, 2024, the following proposals were voted on by the Company's stockholders, as set forth below: Proposal 1. Election of Directors. Votes For Votes Withheld Broker Non-Votes Marianne Boyd Johnson 78,968,116 4,570,415 8,326,206 John R. Bailey 70,913,980 12,624,551 8,326,206 William R. Boyd 75,775,599 7,762,932 8,326,206 Keith E. Smith 81,834,589 1,703,942 8,326,206 Christine J. Spadafor 54,248,223 29,290,308 8,326,206 A. Randall Thoman 83,063,935 474,596 8,326,206 Peter M. Thomas 73,247,678 10,290,853 8,326,206 Paul W. Whetsell 74,668,708 8,869,823 8,326,206 Each of the director nominees was elected to serve as a director until the 2025 Annual Meeting of Stockholders or until their respective successors are duly elected and qualified. Proposal 2. Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm. Votes For Votes Against Abstain 90,447,173 1,270,032 147,532 The appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm was ratified. Proposal 3. Advisory Vote on Executive Compensation. Votes For Votes Against Abstain Broker Non-Votes 77,991,423 5,385,791 161,317 8,326,206 The compensation of the Company's named executive officers, as disclosed in the Company's definitive proxy statement on Schedule 14A for the Annual Meeting, was approved, on an advisory basis. Proposal 4. Report on Smokefree Policy. Votes For Votes Against Abstain Broker Non-Votes 18,522,449 63,573,839 1,442,243 8,326,206 The stockholder proposal regarding the commissioning of a report on the effects of a company-wide non-smoking policy was not approved.

01. Other Events

Item 8.01. Other Events. On May 13, 2024, the Company announced that on May 9, 2024, its Board of Directors (the "Board") authorized an additional $500 million under the Company's existing share repurchase program (the "Repurchase Program"). This authorization is in addition to all previously approved amounts under the Repurchase Program. Considering the additional authorization, the Company had approximately $721 million remaining in repurchase authority as of March 31, 2024. Under the Repurchase Program, the Company may repurchase shares of its common stock from time to time on the open market or in privately negotiated transactions. Repurchases of common stock may also be made under Rule 10b5-1 plans, which would permit common stock to be repurchased when the Company might otherwise be precluded from doing so. The timing, volume and nature of share repurchases will be at the sole discretion of management, depending on market conditions, applicable securities laws and other factors and may be suspended or discontinued at any time. In addition, on May 9, 2024, the Board declared a cash dividend of $0.17 per share, payable July 15, 2024, to shareholders of record on June 15, 2024. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 13, 2024 BOYD GAMING CORPORATION By: /s/ Lori M. Nelson Lori M. Nelson Senior Vice President Financial Operations and Reporting and Chief Accounting Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR