Nov 28, 2017 Newsdesk Latest News, Top of the deck, World
Casino currency manufacturer and table layout maker Gaming Partners International Corp on Monday announced a special dividend of US$0.12 per common share to be paid no later than December 22 to shareholders of record as of December 8.
The Nasdaq-listed firm had just over 7.9 million common shares issued and outstanding as of Monday, meaning the aggregate dividend represented a financial commitment of just under US$1 million.
“The dividend… reflects the company’s continued profitability during 2017 and the strong balance sheet at September 30, 2017 which included more than US$12 million in cash,” said Greg Gronau, president and chief executive of GPI in a prepared statement accompanying the announcement of the shareholder payout.
Earlier this month Nevada, U.S.-based GPI said third-quarter net profit had dipped 9.9 percent year-on-year to US$2.2 million. But net profitability improved drastically compared to the second quarter, when it fell nearly 98 percent due in part to an unfavourable timetable for casino venue openings.
Feb 23, 2022
May 26, 2021
Mar 24, 2023
Mar 24, 2023
Mar 24, 2023Osaka is to increase by 140 percent the number of “psychiatric medical institutions” it has available for dealing with “gambling addiction”, prior to the expected opening of an integrated...
(Click here for more)
April 8, 2028
Completion deadline for 'Marina Bay Sands 2.0', as authorised by Singapore’s authorities