The Traderszone Network

Published in TZ Latest News 14 December, 2016 by The TZ Newswire Staff

3 Stocks With Better Dividends Than Wynn Resorts, Limited

Wynn Resorts, Limited (NASDAQ: WYNN) was one of the early dividend paying companies in gaming, but of late it’s become a lot less attractive of a dividend play. Two years of declining revenue in Macau forced management to cut the dividend 75% to the current $2 per share annually. And with a $9.4 billion debt load and the $1.9 billion to $2.1 billion Wynn Boston Harbor under construction it’s hard to see how the dividend will go up in the near future. 

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