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Monday, November 09, 2009
Wynn Resorts Announces Special Cash Dividend
By William Spain
MarketWatch Pulse
WASHINGTON -- Casino operator Wynn Resorts said Monday that its board of directors has authorized a special cash dividend of $4 a share on its outstanding common stock. The dividend will be payable on Dec. 3 to stockholders of record as of Nov. 19. Wynn will also commence a regular cash dividend program starting next year and currently anticipates a payout of 20 cents per share in the first quarter of 2010. Shares of Wynn were up 5% at $62.57 in morning action.
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