Boyd Gaming Corporation
BYDConsumer Cyclical · Resorts & Casinos · Stock · quarterly payer
Forward Yield
1.14%
Annual Dividend
$0.80
Payout Ratio
3%
5-Yr Growth
—
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Key facts about BYD's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Boyd Gaming Corporation (BYD) has a forward dividend yield of 1.14%, based on an annual dividend of $0.80 per share and a share price of $70.04.
- As of Oct 18, 2026, BYD's dividend safety grade from SmarterDividends is C (65 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Boyd Gaming Corporation (BYD) has raised its dividend for 6 consecutive years as of Oct 18, 2026.
- BYD last cut its regular dividend in 2017.
- BYD's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.20 per share.
- As of Oct 18, 2026, BYD pays out 3% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Oct 18, 2026, BYD's 1.14% yield is 13% above its five-year average yield of 1.01%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BYD is $55.07 per share, 21% below the $70.04 share price, so BYD screens as overvalued.
- Boyd Gaming Corporation (BYD) pays its dividend quarterly, 4 times a year.
- Boyd Gaming Corporation (BYD) has raised its regular dividend 10 times and cut it 0 times across the 50 payments on record since 2003. Its most recent change was a 11.1% increase to $0.200 per share, going ex-dividend on Mar 16, 2026.
Cite this page
SmarterDividends, "BYD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BYD
Summary
As of Oct 18, 2026, Boyd Gaming Corporation (BYD) yields 1.14% ($0.80 a year per share), has a dividend safety grade of C (65/100) and has 6 consecutive years of dividend increases on record.
Is BYD a good dividend stock?
Yes, with caveatsBoyd Gaming Corporation (BYD) pays a quarterly dividend yielding 1.14% ($0.80/yr), with 6 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (3%)
Risks
- Cut its dividend in 2017
Key Data
- Dividend Yield
- 1.14%
- Payout Ratio
- 3%
- Annual Dividend
- $0.80
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 6
- Frequency
- quarterly
- Beta
- 1.13
- Market Cap
- $5.1B
- P/E Ratio
- 3.1
- 5-Yr Total Return
- 20%
- 52-Week Range
- $65.00 – $91.41
- Dividend Safety
- C · 65/100
- Ever Cut?
- Yes (2017)
BYD dividend raises and cuts
Boyd Gaming Corporation (BYD) has raised its regular dividend 10 times and cut it 0 times across the 50 payments on record since 2003. Its most recent change was a 11.1% increase to $0.200 per share, going ex-dividend on Mar 16, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 16, 2026 | Raise | $0.180 → $0.200 | +11.1% |
| Mar 17, 2025 | Raise | $0.170 → $0.180 | +5.9% |
| Mar 14, 2024 | Raise | $0.160 → $0.170 | +6.3% |
| Mar 14, 2023 | Raise | $0.150 → $0.160 | +6.7% |
| Jun 14, 2019 | Raise | $0.0600 → $0.0700 | +16.7% |
| Jun 28, 2018 | Raise | $0.0500 → $0.0600 | +20.0% |
| May 9, 2007 | Raise | $0.135 → $0.150 | +11.1% |
| May 10, 2006 | Raise | $0.125 → $0.135 | +8.0% |
| May 11, 2005 | Raise | $0.0850 → $0.125 | +47.1% |
| Aug 11, 2004 | Raise | $0.0750 → $0.0850 | +13.3% |
Frequently Asked Questions
Is BYD a good dividend stock?
Yes, with caveats. Boyd Gaming Corporation (BYD) pays a quarterly dividend yielding 1.14% ($0.80/yr), with 6 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is BYD undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BYD's fair value is about $55.07 versus a $70.04 share price — so it looks overvalued (-21% vs. fair value).
Is BYD's dividend safe?
BYD has a dividend-safety grade of C (65/100), based on its payout coverage, free-cash-flow, 6-year growth streak, a dividend cut in 2017, debt and yield-versus-history.
What is BYD's fair value?
Our blended fair-value estimate for BYD is about $55.07 per share, about 21% below the current $70.04 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is BYD a buy, hold, or sell?
We don't issue formal ratings, but on the data BYD screens as "yes, with caveats" and overvalued. Boyd Gaming Corporation (BYD) pays a quarterly dividend yielding 1.14% ($0.80/yr), with 6 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will BYD cut its dividend?
BYD earns a dividend-safety grade of C (65/100), and has cut its dividend before (last in 2017). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does BYD pay a dividend?
Yes. Boyd Gaming Corporation pays a quarterly dividend of about $0.80 per share annually, a forward yield of roughly 1.14%.
What is BYD's dividend yield?
As of Oct 18, 2026, BYD's forward dividend yield is 1.14%, based on a $0.80 annual dividend and a $70.04 share price.
What is BYD's dividend per share?
As of Oct 18, 2026, BYD pays $0.80 per share per year, distributed on a quarterly basis.
What is BYD's dividend payout ratio?
As of Oct 18, 2026, BYD's payout ratio is 3% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has BYD grown its dividend?
As of Oct 18, 2026, BYD has increased its dividend for 6 consecutive years.
When is the next BYD ex-dividend date?
As of Oct 18, 2026, BYD's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.20 per share.
BYD Price — Last 12 Months
Daily close
Price Return
1 Year
-16%
3 Years
+19%
5 Years
+20%
52-Week Range
$65.00 – $91.41
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BYD worth?
Overvaluedlow confidenceOur blended fair-value estimate for Boyd Gaming Corporation is $55.07 per share, versus a market price of $70.04. That implies 21% of downside.
Fair Value
$55.07
Current Price
$70.04
Downside
-21%
Margin of Safety
-27%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
At today's price, the market is pricing in about 5.4% annual free-cash-flow growth. We model 2.8% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.9% discount rate (CAPM), 2.8% growth for five years fading to 2.5% over the next five, $22.91 EPS, $0.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BYD Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full BYD dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | Oct 15, 2026 | $0.2000 | regular |
| Jun 15, 2026 | Jul 15, 2026 | $0.2000 | regular |
| Mar 16, 2026 | Apr 15, 2026 | $0.2000 | regular |
| Dec 15, 2025 | Jan 15, 2026 | $0.1800 | regular |
| Sep 15, 2025 | Oct 15, 2025 | $0.1800 | regular |
| Jun 16, 2025 | Jul 15, 2025 | $0.1800 | regular |
| Mar 17, 2025 | Apr 15, 2025 | $0.1800 | regular |
| Dec 16, 2024 | Jan 15, 2025 | $0.1700 | regular |
| Sep 13, 2024 | Oct 15, 2024 | $0.1700 | regular |
| Jun 14, 2024 | Jul 15, 2024 | $0.1700 | regular |
| Mar 14, 2024 | Apr 15, 2024 | $0.1700 | regular |
| Dec 21, 2023 | Jan 15, 2024 | $0.1600 | regular |
| Sep 14, 2023 | Oct 15, 2023 | $0.1600 | regular |
| Jun 14, 2023 | Jul 15, 2023 | $0.1600 | regular |
Income Calculator
At $0.80 / yr per share
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