Wynn Macau, Limited, together with its subsidiaries, develops, owns, and operates the Wynn Palace and Wynn Macau casino resorts in Macau. The company's Wynn Palace resort features approximately 424,000 square feet of casino space providing 24-hour gaming and various games comprising private gaming salons and sky casinos; a luxury hotel with a total of 1,706 guest rooms, suites, and villas; and 14 food and beverage outlets. Its Wynn Palace resort also consists of approximately 107,000 square feet of retail shopping; 37,000 square feet of meeting and convention space; recreation and leisure facilities consisting of a cable car ride, health club, spa, salon, and pool; and public entertainment attractions, including a lake, animated floral art displays, and fine art displays. In addition, the company's Wynn Macau resort features approximately 252,000 square feet of casino space offering 24-hour gaming and various games, including private gaming salons, sky casinos, and a poker pit; two hotel towers with 1,010 rooms and suites; 12 food and beverage outlets; and recreation and leisure facilities, such as two health clubs and spas, a salon, and a pool. Further, its Wynn Macau resort includes approximately 59,000 square feet of retail shopping and 31,000 square feet of meeting and convention space. The company was incorporated in 2009 and is headquartered in Macau. Wynn Macau, Limited is a subsidiary of WM Cayman Holdings Limited I.
Wynn Macau Dividend Announcement
• Wynn Macau announced a semi annually dividend of $0.10 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-03
• Wynn Macau annual dividend for 2024 was $0.19
• Wynn Macau's trailing twelve-month (TTM) dividend yield is 0.46%
• Wynn Macau's payout ratio for the trailing twelve months (TTM) is 14.90%
Wynn Macau Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | $0.10 | semi annually | 2024-09-27 |
2024-06-04 | $0.10 | semi annually | 2024-07-03 |
2019-08-27 | $0.57 | semi annually | 2019-10-01 |
2019-05-31 | $0.57 | semi annually | 2019-07-05 |
2018-09-17 | $0.95 | semi annually | 2018-10-22 |
2018-04-09 | $0.96 | semi annually | 2018-05-10 |
2017-08-29 | $0.27 | semi annually | 2017-10-02 |
2017-06-01 | $0.54 | semi annually | 2017-07-05 |
2016-04-11 | $0.77 | semi annually | |
2015-03-13 | $1.35 | semi annually | |
2014-09-03 | $0.90 | semi annually | |
2014-05-15 | $1.26 | semi annually | |
2013-09-03 | $0.65 | semi annually | |
2013-05-20 | $1.60 | semi annually | |
2011-11-29 | $1.54 | semi annually | |
2010-11-12 | $0.98 | semi annually |
Wynn Macau Dividend per year
Wynn Macau Dividend growth
Wynn Macau Dividend Yield
Wynn Macau current trailing twelve-month (TTM) dividend yield is 0.46%. Interested in purchasing Wynn Macau stock? Use our calculator to estimate your expected dividend yield:
Wynn Macau Financial Ratios
Wynn Macau Dividend FAQ
Other factors to consider when evaluating Wynn Macau as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Wynn Macau's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Wynn Macau publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Wynn Macau distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Wynn Macau are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Wynn Macau sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Wynn Macau distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wynn Macau declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Wynn Macau's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Wynn Macau's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.