Macau Legend Development Limited, an investment holding company, owns and operates entertainment and casino gaming facilities in Macau. The company operates through Gaming and Non-Gaming segments. Its properties include Macau Fisherman's Wharf, a waterfront integrated gaming, hotel, convention, and entertainment complex located on the outer harbor of the Macau Peninsula; and Savan Legend Resorts Hotel, an integrated resort, which engages in casino and hotel business in Lao People's Democratic Republic. The company also provides gaming services in the Legend Palace Casino, Babylon Casino, and Landmark Casino; and gaming related general management services. In addition, it offers building management, food and beverage, and other services; and retails clothing, footwear, and accessories. The company was founded in 1997 and is headquartered in Macau, Macau.
Macau Legend Development Dividend Announcement
• Macau Legend Development announced a annually dividend of HK$0.08 per ordinary share which will be made payable on 2018-07-12. Ex dividend date: 2018-06-27
• Macau Legend Development's trailing twelve-month (TTM) dividend yield is -%
Macau Legend Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2018-06-27 | HK$0.08 | annually | 2018-07-12 |
Macau Legend Development Dividend per year
Macau Legend Development Dividend Yield
Macau Legend Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Macau Legend Development stock? Use our calculator to estimate your expected dividend yield:
Macau Legend Development Financial Ratios
Macau Legend Development Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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