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

IGT Announces Dividend Increase, Chinese Certification

Tue, Jun 25, 2013

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 Real Source of Success

    Playtech is looking to repeat its European success to become a preeminent supplier for North America’s embryonic iGaming market

  • Skill or Luck?

    States continue to battle unregulated “skill games,” and gaming associations continue to seek their ban, as a few states begin to regulate and tax the slot-like games

  • Changing Boundaries

    Fee-to-trust rule changes and their implications for tribal gaming

  • Everything is Bigger in Texas

    Will the biennial gambling debate finally bear fruit in the Lone Star State?

  • Aristocrat Tops Diverse Field in EKG Slot Awards

    While Aristocrat again took the top award as best overall slot supplier in the fifth EKG Slot Awards, its former dominance of the individual awards yielded to a more diverse field of winners.