A Fresh Perspective on Sands China's Dividend Announcement
Sands China Restarts Dividend Disbursements After a Five-Year Pause
By: Dexter D., 02/24/2025 11:29 Finance
The Lowdown on Sands China's Dividend
Sands China, an established player in the gaming industry, has announced a payout of HK$0.25 per share to its shareholders, translating to an approximate dividend sum of HK$2.02 billion. This payout comes in the wake of a solid 8.04% year-on-year increase in revenue for 2024.
Dividend Details, Explained
The forthcoming dividend stands at $0.03209 USD per share, with ex-dividend date on May 28, 2025, and payment expected on June 20, 2025. Recently, a final dividend of HKD 0.2500 (around $0.032) was handed out in February 2025, and Sands China maintains a quarterly dividend of $0.25 per share for Las Vegas Sands stockholders.
The Financial Facts
The total distributable dividend amount isn't explicitly stated, but Sands China continues to pay out a quarterly dividend for Las Vegas Sands stockholders. The $0.03209 dividend applies specifically to shares of Sands China listed on Futu's platform. With a forward yield of 1.84%, the investment seems promising.
Revenue Trends - 2024 in Review
Although no explicit 2024 revenue figures are available, the Q1 2025 performance registered a 5.7% YoY decrease in GAAP net revenues to $1.70 billion, while adjusted property EBITDA lowered by 12.3%. Despite the lack of 2024 annual revenue data in the sources, the positive revenue growth of the previous year (8.04%) indicates a stable financial standing.
Additional Financial Metrics
However, it's vital to note that despite the dividend payment, Las Vegas Sands and Sands China dividends appear distinct, with different payment structures. Sands China's balance sheet reflects $3.04 billion in unrestricted cash, while its debt stands at $13.71 billion. For precise 2024 revenue figures, consult the official annual reports.
About the Author
Meet Dexter D., your friendly neighborhood finance writer. Born and raised in the bustling city of Jersey, Dexter's content covers casinos, software providers, and games, as well as reviews, news, and blogs. With more than half a decade of professional writing experience, Dexter works with clients worldwide, including the US, UK, New Zealand, Australia, South Africa, and Canada. Before diving into the world of finance, Dexter pursued a bachelor's degree in psychology at Rutgers University. To add some flair to his life, Dexter picked up painting, just like his old man. Now, he's all-in on finance writing with occasional forays into painting.
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- Dexter D., the experienced copywriter from Jersey, provides a fresh perspective on Sands China's dividend announcement in his latest writing, highlighting the HK$2.02 billion payout to shareholders.
- In his article, Dexter shares the details of the forthcoming free spins for investors, set at $0.03209 USD, with an ex-dividend date of May 28, 2025, and a payment date of June 20, 2025.
- Lucas, a potential investor, might find the investment in Las Vegas Sands appealing, given the high forward yield of 1.84% and the constant quarterly dividend payouts.
- Business enthusiasts might be interested to know that Sands China maintains a quarterly dividend for Las Vegas Sands stockholders, a fact that could impact potential investing strategies in the gaming industry.
- As a seasoned finance writer with a psychology background, Dexter combines his expertise to deliver insightful articles on a broad range of topics, from casino gaming to stocks and dividends, making him an invaluable resource in the financial and business world.
