Golden Entertainment (NASDAQ:GDEN) Will Pay A Dividend Of $0.25

Golden Entertainment, Inc.'s (NASDAQ:GDEN) investors are due to receive a payment of $0.25 per share on 6th of January. The dividend yield will be 3.5% based on this payment which is still above the industry average.We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Golden Entertainment's Projections Indicate Future Payments May Be Unsustainable A big dividend yield for a few years doesn't mean much if it can't be sustained. Before making this announcement, Golden Entertainment's dividend was higher than its profits, but the free cash flows quite comfortably covered it. Given that the dividend is a cash outflow, we think that cash is more important than accounting measures of profit when assessing the dividend, so this is a mitigating factor. Over the next year, EPS is forecast to grow rapidly. Assuming the dividend continues along recent trends, we could see the payout ratio reach 110%, which is on the unsustainable side. NasdaqGM:GDEN Historic Dividend December 12th 2025 See our latest analysis for Golden Entertainment Golden Entertainment Doesn't Have A Long Payment History The dividend hasn't seen any major cuts in the past, but the company has only been paying a dividend for 2 years, which isn't that long in the grand scheme of things. The most recent annual payment of $1.00 is about the same as the annual payment 2 years ago. Golden Entertainment hasn't been paying a dividend for very long, so we wouldn't get to excited about its record of growth just yet. Dividend Growth Could Be Constrained The company's investors will be pleased to have been receiving dividend income for some time. We are encouraged to see that Golden Entertainment has grown earnings per share at 20% per year over the past five years. Although per-share earnings are growing at a credible rate, the massive payout ratio may limit growth in the company's future dividend payments. Our Thoughts On Golden Entertainment's Dividend Overall, it's nice to see a consistent dividend payment, but we think that longer term, the current level of payment might be unsustainable. In the past, the payments have been unstable, but over the short term the dividend could be reliable, with the company generating enough cash to cover it. We would probably look elsewhere for an income investment. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. To that end, Golden Entertainment has 4 warning signs (and 1 which is potentially serious) we think you should know about. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Mobile Infrastructure for Defense and DisasterThe next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.Get the investor briefing before the next round of contractsSponsored On Behalf of CiTech