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SJMHF SJM Holdings Ltd (PK)

0.33915
0.00 (0.00%)
31 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
SJM Holdings Ltd (PK) USOTC:SJMHF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.33915 0.3144 0.3716 0.00 10:47:33

Wynn Macau: To Pay Special Dividend Of HK$1.20 Per Share

18/11/2011 12:46am

Dow Jones News


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Wynn Macau Ltd. (1128.HK) said Friday it would pay a special dividend of HK$1.20 per share, marking the second time the Hong Kong-listed casino operator has declared such a payout.

Those who hold shares through Dec. 7 will be eligible for the special dividend, which is expected to be paid on Dec. 19, the company said in a statement.

Last November Wynn Macau declared a special dividend of 76 Hong Kong cents per share, and said it would consider paying recurring dividends with a target yield of 1%-3% per year. SJM Holdings Ltd. (0880.HK) is the only other Macau casino operator to have ever paid dividends, though analysts have said other operators such as Sands China Ltd. (1928.HK) and MGM China Holdings Ltd. (2282.HK) could also start paying dividends in coming years.

-By Kate O'Keeffe, Dow Jones Newswires; 852-2802-7002; kathryn.okeeffe@dowjones.com

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