Paradise Entertainment Limited, an investment holding company, primarily provides casino management services in Macau and internationally. It operates through Casino Management Services and Gaming Systems segments. The company operates Casino Kam Pek Paradise, which offers various games, such as baccarat, roulette, sic bo, etc. on live multi gaming terminals, traditional tables, and slot machines. It also engages in the development, sale, and leasing of electronic gaming equipment and systems. The company's gaming products include the Live Multi Game system, which provides live table gaming to play various games on different tables while being on the same terminal; slot machines that provide chance games, bingo jackpots, and bonuses; horse racing gaming, which creates virtual sports events for betting purpose that are provided to the bet acceptance system; Personal Dice/ Personal Sic Bo, a standalone gaming terminal; Chips on Me that are member self-service chips exchange terminals; Intelligent Card Shoe that helps casino operators to handle their card games; fever screening thermographic turret cameras; trend tracker displays; X Stadium Live, a display and animation system; and systems. In addition, it provides management and consulting services; properties holding, market development, and technology and software development services; develops and sells healthcare products; and imports, exports, and sells frozen food products and packaged meats. The company was formerly known as LifeTec Group Limited and changed its name to Paradise Entertainment Limited in May 2007. The company was incorporated in 1996 and is headquartered in Central, Hong Kong. Paradise Entertainment Limited is a subsidiary of August Profit Investments Limited.
Paradise Entertainment Dividend Announcement
• Paradise Entertainment announced a annually dividend of HK$0.05 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-13
• Paradise Entertainment annual dividend for 2024 was HK$0.05
• Paradise Entertainment's trailing twelve-month (TTM) dividend yield is 4.95%
Paradise Entertainment Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-13 | HK$0.05 | annually | 2024-10-15 |
| 2019-05-24 | HK$0.03 | annually | 2019-06-28 |
| 2015-06-24 | HK$0.05 | annually | 2015-07-17 |
| 2014-09-25 | HK$0.02 | annually | 2014-10-24 |
| 2014-06-18 | HK$0.05 | annually | 2014-07-15 |
Paradise Entertainment Dividend per year
Paradise Entertainment Dividend Yield
Paradise Entertainment current trailing twelve-month (TTM) dividend yield is 4.95%. Interested in purchasing Paradise Entertainment stock? Use our calculator to estimate your expected dividend yield:
Paradise Entertainment Financial Ratios
Paradise Entertainment 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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