A 57 percent increase
IGT announces fifth consecutive quarterly dividend increase
2013-11-18
Reading time 26 seg
(US).- IGT announced that its Board of Directors declared a cash dividend of USD 0.11 per share on its common stock, a 57% increase compared to the dividend paid in the same quarter last year. This marks the 43rd consecutive quarter that the company has paid a dividend, which is currently the longest streak in the gaming industry.
"We are pleased to announce our fifth consecutive quarterly dividend increase," said Patti Hart, CEO of IGT. "This action reflects the confidence we have in our financial performance and demonstrates our responsible and consistent return of capital to our shareholders."
The dividend is payable on January 3, 2014 to shareholders of record on December 20, 2013.
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