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Sands China declares HK$0.99 interim dividend

Newsdesk by Newsdesk
Mon 21 Jan 2019 at 05:01
Sands Parisian

The Parisian Macao

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Leading Macau gaming operator Sands China has announced an interim dividend of HK$0.99 per share.

In a filing with the Hong Kong Stock Exchange on Friday, the company said the dividend will be paid on 22 February to shareholders whose names appear in the register of members on Monday 4 February 2019.

Sands China reported a 17.3% year-on-year increase in net revenues to HK$33.5 billion (US$3.6 billion) for the first six months of 2018, with profit up 44.4% to HK$7.7 billion (US$979 million).

The company operates five Macau properties – the Venetian Macao, Parisian Macao, Sands Macao, the Plaza and Sands Cotai Central – with the latter to undergo a US$1.35 billion makeover as part of its rebranding to the Londoner Macao. Construction work will begin this year.

 

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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