Daily Dividend Report: WYNN, EFX, TIN, RAIL, TSO Monday, November 9, 4:01 PM ET
This morning, Wynn Resorts (NASDAQ:WYNN) announced a special cash dividend of $4.00 per share. With the special dividend, the company also announced it would resume its quarterly cash dividend in 2010, starting at twenty cents per share, per quarter.
Investors responded well to the announcement, as shares of Wynn Resorts climbed in afternoon trading, up over five and three quarter percent.
In other dividend news, Equifax (NYSE:EFX) maintained its quarterly dividend of 4 cents per share. Temple Inland (NYSE:TIN) maintained its quarterly dividend of 10 cents per share. And Freightcar America (NASDAQ:RAIL) maintained its quarterly dividend of 6 cents per share.
Among dividend reductions, Tesoro (NYSE:TSO) announced its quarterly dividend of 5 cents per share, a decrease of about 50% from its prior dividend in August of 10 cents.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
