GGB is committed to providing updated news and analysis on our weekly news site, GGBNews.com.

IGT Announces Dividend Increase, Chinese Certification

IGT Announces Dividend Increase, Chinese Certification

Leading slot manufacturer International Game Technology announced that its board of directors declared a cash dividend of $ 0.09 per share on its common stock for the second quarter, a 50 percent increase compared to the dividend paid in the same quarter last year.

This marks the 41th consecutive quarter that the company has paid a dividend—the longest current streak in the gaming industry. “We are pleased to announce another significant increase in our quarterly cash dividend,” said Patti Hart, CEO of IGT. “This is a clear signal that our strategy is driving strong financial performance and that we are committed to returning capital to shareholders in an effective and judicious matter.”

The company also announced that it has received ISO 9001:2008 certification from SGS International Certification Services for its China Research and Development Office (CRDC) in Beijing.

IGT’s Quality Management Systems, along with the design, development and manufacturing processes, have successfully completed extensive external evaluation on a regular basis to ensure ongoing conformity to the international ISO standards.

    Recent Feature Articles

  • The King of London

    British casinos took a giant leap forward when Simon Thomas and his father Jimmy took over the fabled Hippodrome theater in London and created a casino for the new world

  • Finally Florida

    With the U.S. Supreme Court denying an injunction, Florida was added to the list of states that have legalized sports betting with a monopoly for the Seminole tribe

  • Less Is More

    How to solve the staffing conundrum

  • Thunder Down Under

    Is the Australian gaming market primed for a resurgence?

  • Cashless Connections

    As several cashless payment solutions compete and, in many cases, partner, the path to cash-free gaming accelerates