Nilus Mattive - Financial analyst, editor of Dividend Superstars, and editor of Weiss Research\'s daily e-letter, Money and Markets.

Wynn Resorts INITIATES a Dividend?

by Nilus Mattive on November 9, 2009

in General

Wynn Resorts (WYNN) just said it will pay a special cash dividend of $4 a share AND begin a $0.20 quarterly dividend in 2010.

Now don’t get me wrong — I’m happy to see another company begin issuing shareholder payments. But I’m just a little surprised to see this announcement coming from a highly cyclical hotel company …


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{ 1 comment… read it below or add one }

Debra November 10, 2009 at 7:32 PM

Hi Nilus. Just wanted to say I thought your column on credit cards today was EXCELLENT! Their use is a matter of personal responsibility. Anyone who is not mature enough to use them sensibly (ie. pay the balance every month) ought not to use them at all. Thanks for the column.

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