{"id":777023277,"date":"2025-02-24T09:51:10","date_gmt":"2025-02-24T12:51:10","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777023277"},"modified":"2026-04-22T01:32:25","modified_gmt":"2026-04-22T04:32:25","slug":"sands-china-announces-first-dividend-in-five-years","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sands-china-announces-first-dividend-in-five-years","title":{"rendered":"Sands China announces first dividend in five years"},"content":{"rendered":"\n

Sands China will pay a final dividend of HK$0.25 (US$0.032) per share for the financial year ending December 31, 2024.<\/p>\n\n\n\n\n\n\n\n

Macau.- Sands China<\/strong> announced on Friday (February 21) its first dividend since 2020. It will pay a final dividend of HK$0.25 (US$0.032) per share for the year ending December 31, 2024.<\/p>\n\n\n\n

The casino operator said the dividend will be paid on June 20 to shareholders on record on May 30. The dividend had been predicted by Morgan Stanley<\/a>.<\/p>\n\n\n\n

In the fourth quarter of 2024, Sands China<\/a> posted net revenue<\/strong> of US$1.77bn<\/strong>, <\/strong>down 5 per cent year-on-year and flat in quarter-on-quarter terms<\/a>. Net income<\/strong> was US$277m, down 3.9 per cent year-on-year. The group\u2019s adjusted property earnings before interest, taxation, depreciation and amortisation (EBITDA) <\/strong>was down 2.7 per cent compared to the fourth quarter of 2023 at US$571m. This was attributed to a low hold on rolling play.<\/p>\n\n\n\n

For the full year 2024, the casino operator posted net revenue of US$7.08bn<\/strong>, up 8.4 per cent in year-on-year terms. Net income was US$1.05bn, compared to US$696bn in 2023. Adjusted property EBITDA was US$2.33bn.<\/p>\n\n\n

<\/p>\n
<\/p>\n

See also:<\/span> Macau to offer more promotions to attract tourists from Hong Kong<\/a><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Sands China will pay a final dividend of HK$0.25 (US$0.032) per share for the financial year ending December 31, 2024.<\/p>\n","protected":false},"author":176,"featured_media":777011925,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Sands China has declared a final dividend of HK$0.25 per share for the financial year ending December 31, 2024, marking its first dividend distribution since 2020. This announcement follows the release of its Q4 2024 financial results, which reported US$1.77bn in net revenue and US$277m in net income, alongside full-year 2024 net revenue of US$7.08bn and net income of US$1.05bn.","focusai_entities":"Sands China, Morgan Stanley","focusai_location":"Macau, Hong Kong","focusai_target_profile":"ceo_executive (0.95), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Dividend Impact Analysis","query":"What are the broader implications of Sands China's dividend reinstatement on investor sentiment and capital allocation strategies across the Macau gaming sector?"},{"label":"Q4 Performance Drivers","query":"How did the 'low hold on rolling play' specifically impact Sands China's Q4 2024 adjusted property EBITDA, and what operational adjustments are anticipated to mitigate such volatility?"}],"footnotes":""},"categories":[157,16338],"tags":[23906,21680],"class_list":["post-777023277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos","tag-sands-china"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777023277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777023277"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777023277\/revisions"}],"predecessor-version":[{"id":777023324,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777023277\/revisions\/777023324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777011925"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777023277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777023277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777023277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}