Reported 2 days ago
Vail Resorts, Inc. (NYSE:MTN), a leading mountain resort operator, continues to attract income-focused investors with a 5.71% dividend yield, despite recent revisions to its earnings guidance and a Hold rating from Morgan Stanley. The company reported a 3% increase in EBITDA and a 4% rise in season pass revenue, but lower lift ticket sales and leadership transition costs prompted adjustments to its fiscal outlook. With a payout ratio of 113.12%, Vail Resorts maintains its appeal amidst a competitive market.
Source: YAHOO