Dave & Buster’s Entertainment (NASDAQ:PLAY)is finally yielding to temptation. The rapidly expanding chain of 117 units combining casual dining, sports bars, and high-tech video arcade gaming initiated a dividend policy on Friday. Dave & Buster’s will treat investors to a quarterly payout of $0.15 a share.
The move translates to a yield just south of 1% with the stock crossing $60 to hit new 52-week highs after posting well-received financial results late last week. The new distributions aren’t going to sway hardcore investors feasting on the fat yields of REITs,....More>>>