{"id":777024604,"date":"2025-03-28T10:20:20","date_gmt":"2025-03-28T13:20:20","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777024604"},"modified":"2026-04-22T00:23:28","modified_gmt":"2026-04-22T03:23:28","slug":"wynn-macau-announces-cash-dividend","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/wynn-macau-announces-cash-dividend","title":{"rendered":"Wynn Macau announces cash dividend"},"content":{"rendered":"\n

Wynn Macau will pay a final dividend of HK$0.185 (US$0.0244) per share.<\/p>\n\n\n\n\n\n\n\n

Macau.- Wynn Macau<\/strong> has announced a cash dividend <\/strong>of HK$0.185 (US$0.0244) per share for the year ending December 31, 2024. The dividend will be payable on June 11 to shareholders registered as of June 2.<\/p>\n\n\n\n

JP Morgan analysts DS Kim<\/strong> and Selina Li <\/strong>noted that the decision brings Wynn Macau’s total annual dividend per share to HK$0.26. Including an interim dividend of HK$0.075, this means a payout ratio of 43 per cent.<\/p>\n\n\n\n

Analysts said that Wynn maintained a stable market share throughout 2024, suggesting that its assets still resonate well with its core patrons even with competition from “newer\/bigger products from peers.” JP Morgan believes this is a positive sign for long-term earning potential.<\/p>\n\n\n\n

For the fourth quarter of the year, the casino operator posted operating revenue of US$160.8m, down 5.3 per cent\u00a0in year-on-year terms but up 12.1 per cent\u00a0quarter-on-quarter<\/a>. The company posted US$292.8m in adjusted property EBITDAR (adjusted earnings before interest, taxation, depreciation, amortisation and rent). The figure was down 1.4 per cent year-on-year but up 11.4 per cent sequentially.<\/p>\n\n\n

\n
\"Wynn
Wynn Palace.<\/figcaption><\/figure>\n<\/div>\n\n\n

For full-year 2024, Wynn Macau<\/a> recorded operating revenue of US$3.68bn<\/strong>, up 18.77 per cent year-on-year. Wynn Palace contributed US$2.22bn, up 17.5 per cent year-on-year, while Wynn Macau brought in US$1.46bn, up 20.7 per cent. Both properties saw yearly rises in casino revenue, up by 22 per cent in Cotai to US$1.79bn and by 26.8 per cent on the peninsula to US$1.23bn. Wynn’s Macau properties saw a 23.23 per cent increase in year-on-year terms in adjusted property EBITDAR, reaching US$1.17bn.<\/p>\n\n\n

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

See also:<\/span> Macau GGR reaches US$1.82bn in first 23 days of March, Citigroup says<\/a><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Wynn Macau will pay a final dividend of HK$0.185 (US$0.0244) per share.<\/p>\n","protected":false},"author":176,"featured_media":26502,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Wynn Macau has declared a final dividend of HK$0.185 per share, bringing its total annual dividend to HK$0.26 with a 43% payout ratio. The operator reported full-year 2024 operating revenue of US$3.68bn, an 18.77% increase year-on-year, demonstrating stable market share and strong long-term earning potential despite competitive pressures in Macau.","focusai_entities":"Wynn Macau, JP Morgan, DS Kim, Selina Li, Wynn Palace, Citigroup","focusai_location":"Macau, Cotai","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Macau Market Share Outlook?","query":"Given Wynn Macau's stable market share amidst new competition, what is the projected long-term competitive landscape and potential for GGR growth in Macau for established operators?"},{"label":"Capital Allocation Strategy?","query":"How does Wynn Macau's 43% payout ratio compare to its peers in Macau, and what are the implications for future capital expenditure, debt reduction, or further shareholder returns?"}],"footnotes":""},"categories":[16338,163],"tags":[20777],"class_list":["post-777024604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-wynn-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777024604","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=777024604"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777024604\/revisions"}],"predecessor-version":[{"id":777024646,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777024604\/revisions\/777024646"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26502"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777024604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777024604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777024604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}