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Stock impact report

Monarch Casino & Resort Declares One-Time Cash Dividend of $5.00 Per Share; Initiates Recurring Annual Cash Dividend of $1.20 Per Share, to Be Paid in Quarterly Amounts

Monarch Casino & Resort, Inc. (MCRI) 
Last monarch casino & resort, inc. earnings: 4/22 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: monarchblackhawk.com
Company Research Source: GlobeNewswire
RENO, Nev., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today announced that its Board of Directors authorized a one-time cash dividend of $5.00 per share of its outstanding common stock. The one-time cash dividend is payable on March 15, 2023, to stockholders of record on March 1, 2023. In addition, commencing in the second quarter of 2023, the Board of Directors has approved the payment of an annual dividend in the amount of $1.20 per outstanding share of Common Stock, payable in quarterly amounts on the 15th day of the third month of each applicable calendar quarter (or, if such date is not a trading day, then the first trading day immediately thereafter such date) to those stockholders of record on the 1st day of the third month of each quarter (or, if such date is not a trading day, then the first trading day immediately thereafter such date), to be reviewed quarterly by the Board. As such, for all of calendar year Show less Read more
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