MGM China Holdings Ltd, a notable player in Macau's casino industry, has revealed its plans for a final dividend concerning the fiscal year that culminates on December 31, 2025. The declared dividend is set at HKD0.353, approximately translating to US$0.04 per ordinary share.
The announcement was officially made on Thursday, with the proposal awaiting ratification from MGM China's board of directors on May 20. Stakeholders can anticipate receiving their payments by June 3.
This measure equates to a total payout of just over HKD1.34 billion. According to the firm, this amount "represents approximately 26.4 percent" of MGM China's NET profit for the previous year, which was reported as HKD5.07 billion attributable to its owners. This is a significant figure that reflects the company's strong financial performance over the past year.
Drawbacks might appear later, however, as indicated by a December report from brokerage firm Jefferies. Analysts from Jefferies suggested that the dividend per share might see a decline in subsequent years, 2026 and 2027, due to increased royalty fees owed to MGM Resorts International, the parent company based in the United States.
MGM China operates key establishments within Macau, namely the MGM Macau and MGM Cotai resorts. These properties are instrumental in its financial outcomes. MGM China's recent financial performance highlights a robust and growing business. In February, the company disclosed a 21.4 percent increase in net revenue for the fourth quarter, reaching nearly US$1.24 billion compared to the previous year.
This boost has escalated MGM China's entire net revenue for the year 2025 to an impressive US$4.46 billion, marking a year-on-year upswing of 10.9 percent. This steady growth in revenue further underscores the company's capability to generate substantial returns for its shareholders.
Source: MGM China Announces 2025 Final Dividend Of US$0.04 Per Share, GGRAsia, March 19, 2026.
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