IGT: 50% Increase on Quarterly Dividend!

An announcement came this week from the directors of International Game Technology that a quarterly cash dividend of $0.09 per share on its common stock has been approved – which represents a 50 percent increase compared to the dividend paid in the same quarter last year.

The dividend is payable on July 5, 2013 to shareholders of record on June 20, 2013.

It was noted by the company spokesman that "This marks the 41st consecutive quarter that the Company has paid a dividend, the longest, current streak in the gaming industry."

In addition, CEO Patti Hart said: "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."

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