Does Red Rock Resorts (RRR) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Red Rock Resorts (RRR) pays a dividend yielding about 1.70% as of August 2026, paid quarterly, four times a year. The latest payment on record was $0.26 per share, ex-dividend June 15, 2026. The forward annual rate is roughly $1.04 per share, about $170 a year on a $10,000 position before tax. The payout takes about 36% of earnings. Figures are approximate and dated; verify the current number with your broker.
Does Red Rock Resorts (RRR) pay a dividend?
Yes. Red Rock Resorts distributes a dividend yielding roughly 1.70% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.26 per share, with an ex-dividend date of June 15, 2026. Annualized, that is about $1.04 per share.
Roughly 12 times EV to adjusted EBITDA prices RRR above most regional casino operators, which usually change hands closer to 7 to 9 times. Two things explain the gap: Station owns its real estate outright rather than paying rent under a REIT master lease, so its EBITDA is not encumbered the way a sale-leaseback operator's is, and the locals market has been structurally stronger than the Strip. The multiple also embeds a development pipeline that is currently costing money rather than making it.
RRR dividend at a glance
| 2026-06-15 | $0.26 |
| 2026-03-16 | $0.26 |
| 2026-02-20 | $1.00 |
| 2025-12-15 | $0.26 |
| 2025-09-15 | $0.25 |
| 2025-06-16 | $0.25 |
RRR dividend data as of August 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with RRR's investor relations page before relying on it.
Is the RRR dividend covered?
Red Rock Resorts paid out about 36% of its earnings as dividends, so the payout is comfortably covered. That is the range most established dividend payers sit in: enough profit is retained to keep funding the business, with room to raise the dividend if earnings grow.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the RRR dividend has changed
The latest payment of $0.26 per share compares with $0.25 in the equivalent payment a year earlier (September 15, 2025). That is a change of 4.0% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on RRR's investor relations page.
What RRR's dividend means for you
- Income: about $170 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for RRR the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How RRR dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the RRR dividend
Red Rock Resorts (RRR) pays about 1.70%, or roughly $1.04 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the RRR guide. Walnut can show how RRR fits your real portfolio. It is not an investment adviser.
Investing in Red Rock Resorts with AI
Connect the broker you already use and ask Walnut's AI how RRR fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Red Rock Resorts (RRR) pay a dividend?
+
Yes. Red Rock Resorts pays a dividend yielding roughly 1.70% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.26 per share with an ex-dividend date of June 15, 2026. That works out to a forward annual rate of about $1.04 per share. Yields move with the share price, so verify the current figure with your broker or RRR's investor relations page before relying on it.
What is RRR's dividend yield?
+
About 1.70% as of August 2026. On a $10,000 position that is roughly $170 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so RRR yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does RRR pay its dividend?
+
Red Rock Resorts pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of June 15, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on RRR's investor relations page, because boards can change both the amount and the timing.
When is RRR's ex-dividend date?
+
The ex-dividend date recorded in our August 2026 data pull is September 15, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check RRR's investor relations page for the next confirmed date.
Has Red Rock Resorts raised its dividend recently?
+
Yes. The latest payment of $0.26 per share is above the $0.25 paid in the same slot a year earlier, an increase of about 4.0%. One raise is not a policy, though: check the multi-year record on RRR's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.
Is RRR's dividend safe?
+
Red Rock Resorts paid out about 36% of its earnings as dividends, so the payout is comfortably covered. That is the range most established dividend payers sit in: enough profit is retained to keep funding the business, with room to raise the dividend if earnings grow. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in RRR?
+
At a yield of about 1.70%, roughly $170 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are RRR dividends qualified for tax purposes?
+
Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest RRR dividends?
+
Most brokers offer automatic reinvestment (a DRIP) that puts each RRR payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Is RRR a good dividend stock?
+
The regular dividend is $0.26 per Class A share per quarter, declared for the second quarter of 2026 and payable September 30, 2026, which annualises to ~$1.04 and works out to roughly 1.7% at a ~$61 share price. Trailing payments total $2.04 per share, or ~3.3%, because the board declared a $1.00 special dividend paid February 27, 2026 and another $1.00 special in May 2025. Specials are discretionary and have not been annual commitments. Every dividend requires Station Holdco to distribute to all unit holders first, so the $0.26 quarterly payment cost ~$29.0 million at the Holdco level, of which ~$11.9 million went to the Fertitta-controlled noncontrolling holders. Dividend capacity competes directly with a 2026 capital budget of ~$375 million to ~$425 million.
Walnut is informational, not investment advice. Dividend figures on this page come from a August 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with RRR's investor relations page or your broker before acting on them.