Station Casinos Increases Quarterly Cash Dividend
29 Mar 2004
LAS VEGAS -- (Press Release) -- Station Casinos, Inc. (NYSE:STN) today announced that its Board of Directors has declared a 40% increase in its quarterly cash dividend to $0.175 per share. The dividend is payable on June 4, 2004 to shareholders of record on May 14, 2004.
"The decision to increase our dividend reflects confidence in our ability to generate significant, reliable cash flows over the long term," stated Glenn C. Christenson, executive vice president and chief financial officer.