Monarch Casino & Resort (NASDAQ: MCRI) is joining the sparsely populated ranks of gaming companies that pay dividends. It announced Tuesday a one-time payout, as well as a new quarterly distribution.
The Reno-based casino operator will pay a one-time cash dividend of $5 per share and announced a quarterly payout of 30 cents a share.
Commencing in the second quarter of 2023, the Board of Directors has approved the payment of an annual dividend in the amount of $1.20 per outstanding share of Common Stock.
The Reno-based casino operator will pay a one-time cash dividend of $5 per share and announced a quarterly payout of 30 cents a share.
Commencing in the second quarter of 2023, the Board of Directors has approved the payment of an annual dividend in the amount of $1.20 per outstanding share of Common Stock.