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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 dateDividend amountDividend typePay date
2018-06-27HK$0.08annually2018-07-12

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

P/E ratio5.79
PEG ratio-0.59
P/B ratio0.25
ROE4.31%
Payout ratio0.00%
Current ratio0.07
Quick ratio0.06
Cash Ratio0.02

Macau Legend Development Dividend FAQ

Does Macau Legend Development stock pay dividends?
Macau Legend Development does not currently pay dividends to its shareholders.
Has Macau Legend Development ever paid a dividend?
No, Macau Legend Development has no a history of paying dividends to its shareholders. Macau Legend Development is not known for its dividend payments.
Why doesn't Macau Legend Development pay dividends?
There are several potential reasons why Macau Legend Development would choose not to pay dividends to their shareholders:

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.
Will Macau Legend Development ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Macau Legend Development has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Macau Legend Development a dividend aristocrat?
Macau Legend Development is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Macau Legend Development a dividend king?
Macau Legend Development is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Macau Legend Development a dividend stock?
No, Macau Legend Development is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Macau Legend Development stocks?
To buy Macau Legend Development you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Macau Legend Development stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.