05-02-2014, 10:42 AM
This is turning into one of my favorite stocks as the company just keeps executing and showing great growth in Macau.
Yesterday's earnings conference call was once again stellar, as CEO Steve Wynn is one of the best out there. He gives straightforward and thoughtful answers and isn't afraid to toot his own horn when talking about the company. I think he's really one of the great visionaries of the 21st century.
WYNN has quintupled its regular dividend payout since 2010 and also pays an annual special dividend that has ranged from $3-$8 per share on top of it. The stock is up big today on earnings, but is still more than 10% below its 52 week high. Its set up for continued growth over the next couple of years, and especially in 2016 when its new Wynn Cotau is expected to open.
Yesterday's earnings conference call was once again stellar, as CEO Steve Wynn is one of the best out there. He gives straightforward and thoughtful answers and isn't afraid to toot his own horn when talking about the company. I think he's really one of the great visionaries of the 21st century.
WYNN has quintupled its regular dividend payout since 2010 and also pays an annual special dividend that has ranged from $3-$8 per share on top of it. The stock is up big today on earnings, but is still more than 10% below its 52 week high. Its set up for continued growth over the next couple of years, and especially in 2016 when its new Wynn Cotau is expected to open.