Boyd Gaming suspends dividend in response to coronavirus pandemic
Boyd Gaming has suspended its dividend in an effort to retain cash amid the coronavirus pandemic.
Additionally, the company has withdrawn adjusted EBITDAR guidance.
A Boyd Gaming representative told Gaming America the company has no further comment to add on the matter.
Boyd Gaming is one of many casino and gaming companies to see its stock tumble in recent weeks, though its stock price has risen over the past few days.
The company is trading above $17.00 after falling as low as $7.84 last week.
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