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

HONG KONG -(Dow Jones)- 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

Stock News for M G M Mirage (MGM)
DateTimeHeadline
04/02/201304:19:07Macau Gambling Revenue up 25% on Year in March to Record MOP31.34...
03/01/201301:50:10Macau Gambling Revenue Up 12% on Year in February
02/01/201301:39:14Macau January Gambling Revenue Up 7.3%, Missing Forecasts
01/02/201300:38:10Macau December Gambling Revenue up 20% on Year to Record MOP28.25...
12/07/201213:30:44Las Vegas Strip Gambling Revenue Rises 3.6% in October
12/03/201205:44:46Macau November Gambling Revenue Up 7.9% On Year At MOP24.88 Billion
11/05/201215:26:25Healthcare, Financials, Defense Stocks in Play as Voters Head...
11/01/201202:54:11Macau Gambling Revenue Sets Record at MOP27.70 Billion in October
10/19/201214:13:47Correction to Tuesday's Circus and Eldorado Story
10/18/201210:58:05Correction to MGM Resorts Unit's Cotai Resort, Casino Story
10/18/201209:40:10MGM Resorts Unit Gets Macau OK for Cotai Casino
10/18/201208:25:26MGM Resorts Unit Gets Macau Government Approval For Cotai Resort...
10/16/201212:55:06Circus and Eldorado Reaches Agreement With Noteholders
10/10/201212:48:59Nevada Gambling Revenue Declines 3% in August
10/04/201204:09:14Macau September Gambling Revenue Up 12% On Year At MOP23.87 Billion
09/03/201204:39:05Macau August Gambling Revenue Rises 5.5% on Year to MOP26.14...
08/09/201213:46:48Las Vegas Strip June Gambling Revenue Fell 4.5%
08/01/201202:34:10Macau July Gambling Revenue Rises 1.5% on Year to MOP24.58 Billion
07/16/201215:24:19EARNINGS PREVIEW: U.S. Casinos' Comeback Slows
07/02/201209:44:00Macau June Gambling Revenue Up 12%, Slightly Missing Expectations

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