MGM China Holdings ( (HK:2282) ) has shared an announcement.
MGM China Holdings Limited has announced an amendment to its Dividend Policy, which will now include semi-annual distributions not exceeding 50% of anticipated consolidated annual profits, with the possibility of special distributions. This change reflects the company’s strategic approach to balancing shareholder returns with maintaining financial stability, considering factors such as economic conditions, cash flow, and legal restrictions.
More about MGM China Holdings
MGM China Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the entertainment and hospitality industry. It conducts its operations mainly through its subsidiary, MGM Grand Paradise, S.A., and other subsidiaries, focusing on providing luxury resort and casino services in Macau.
YTD Price Performance: 21.54%
Average Trading Volume: 2,314
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $5.41B
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