DDE - Dover Downs Gaming & Entertainment has the Highest Dividend Yield in the Casinos & Gaming Industry (DDE, ASCA, WYNN)
20 hours 34 minutes ago - Financial News Network Online - News Corner via Comtex
Below are the three companies in the Casinos & Gaming industry with the highest dividend yields. Dividends can enhance returns for investors seeking income in addition to capital gains.
Dover Downs Gaming & Entertainment (NYSE:DDE) is highest with a dividend yield of 5.5%. Dover Downs Gaming & Entertainment, Inc. owns Dover Downs Slots, a video lottery casino. The Company also owns the Dover Downs Hotel and Conference Center, and operates the Dover Downs Raceway harness racing track. Dover's facilities are located at its multi-purpose gaming and entertainment complex in Dover, Delaware. Over the past year, Dover Downs Gaming & Entertainment has traded in a range of $2.01 to $3.69 and is now at $2.31, 15% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 0.3%.
Ameristar Casinos (NASDAQ:ASCA) is next with a dividend yield of 2.4%. Finishing up the top three is Wynn Resorts (NASDAQ:WYNN), with a dividend yield of 1.8%. ---------------------------------------------------------------------------------------------
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