Wynn Resorts Announces Cash Dividend of $3.00 Per Share and Increase to
LAS VEGAS -- November 5, 2013
Wynn Resorts, Limited (NASDAQ: WYNN) announced today that its Board of
Directors has approved a cash dividend of $3.00 per share on its outstanding
common stock. This dividend will be payable on December 6, 2013, to
stockholders of record on November 20, 2013. The stock will begin to trade
ex-dividend on November 18, 2013.
Additionally, the Company plans on increasing its quarterly dividend by 25% to
$1.25 per share in 2014.
At the conclusion of the Board meeting, Steve Wynn, Wynn Resorts Chairman and
CEO, announced that Matt Maddox, the Company’s Chief Financial Officer and
Treasurer, will assume the additional duties of President of Wynn Resorts. Mr.
Maddox joined the Company in 2002 and previously served as Chief Financial
Officer of Wynn Resorts, Macau, as well as Senior Vice President of Business
Development. Mr. Maddox also serves as an officer on several of the Company’s
subsidiaries. Steve Wynn will continue to hold the position of the Company’s
Chairman and CEO.
Wynn Resorts, Limited
Lewis Fanger, 702-770-7555
Press spacebar to pause and continue. Press esc to stop.