The board of Macau-based casino operator MGM China Holdings Ltd has declared the payment of an interim dividend of HKD0.313 per share to the company’s shareholders.
The Hong Kong-listed company said in a filing on Thursday it expected to spend just under HKD1.19 billion (US$151.5 million) on the dividend, which it anticipates will be paid on September 3.
“The board has resolved to declare the payment of the interim dividend after consideration of the group’s latest general financial position, existing cash flow, capital requirements going forward and other factors that the board considered relevant,” stated the firm.
MGM China said its board determined the group had “sufficient resources, after the payment of the interim dividend, to finance its operations,” and pursue “development of its business, and investment commitments” made to the Macau government under its new gaming concession that started on January 1, 2023.
MGM China operates two properties in the Macau market: MGM Macau (pictured) on the city’s peninsula; and MGM Cotai in the Cotai district.
The main beneficiary in aggregate cash terms of the special dividend payment by MGM China will be its majority owner, U.S.-based MGM Resorts International. The latter controls about 56 percent of MGM China’s issued share capital.
MGM China reported profit attributable to its owners of about HKD2.38 billion for the first half of 2025, down 11.3 percent from a year earlier. That was on first-half revenue that rose by 2.7 percent year-on-year, to HKD16.66 billion.
Second-quarter net revenues at MGM China rose 9.0 percent year-on-year, according to information given in late July by MGM Resorts.
The Macau operations registered “all-time record” adjusted earnings before interest, taxation, depreciation, amortisation and rent (EBITDAR) of US$301.3 million in the three months to June 30, up 2.5 percent year-on-year, stated the parent at the time.
