Vail Resorts (MTN) Raises Quarterly Dividend 39.6% to $1.47; 2.7% Yield
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Vail Resorts Reports Fiscal 2018 Second Quarter Results, Increases Quarterly Dividend by 40% and Provides Updated Fiscal 2018 Guidance
March 8, 2018 6:45 AM ESTBROOMFIELD, Colo., March 8, 2018 /PRNewswire/ --Â Vail Resorts, Inc. (NYSE: MTN) today reported results for the second quarter of fiscal 2018 ended January 31, 2018 and provided the Company's ski season-to-date metrics through March 4, 2018.
Highlights
Net income attributable to Vail Resorts, Inc. was $235.7 million for the second fiscal quarter of 2018, an increase of 58.0% compared to net income of $149.2 million for the second fiscal quarter of 2017. Fiscal 2018 second quarter net income included a one-time, net tax benefit of approximately $64.6 million (or approximately $1.55 per diluted share) related to the... More