5 Casino Stocks that Pay Dividends

3. Boyd Gaming Corporation (NYSE:BYD)

Number of Hedge Fund Holders: 35

Boyd Gaming Corporation (NYSE:BYD) operates in the gaming and hospitality industry. The company owns and operates a portfolio of casino properties located in various regions across the US. The company is one of the best casino stocks on our list as it has raised its dividends every year since 2017. It currently pays a quarterly dividend of $0.16 per share and has a dividend yield of 1.06%, as of September 27.

Insider Monkey’s database of 910 hedge funds indicated that 35 funds owned stakes in Boyd Gaming Corporation (NYSE:BYD), growing from 31 in the previous quarter. The consolidated value of these stakes is over $691.5 million. Among these hedge funds, Ariel Investments was the company’s largest stakeholder in Q2.

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