GGRAsia – Travellers International declares cash dividend

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()

Travellers International declares cash dividend

May 09, 2017 Newsdesk Latest News, Philippines, Top of the deck

Travellers International declares cash dividend

Travellers International Hotel Group Inc, owner and operator of the Resorts World Manila casino property, on Monday announced the payment of a regular cash dividend worth PHP630.2 million (US$12.6 million), or PHP0.04 per share.

Travellers International is a venture between Philippines-based Alliance Global Group Inc and Genting Hong Kong Ltd.

The dividend will be payable on June 9, to those recorded as shareholders as of the close of business on May 31, the company said.

The dividend is equivalent to 18.5 percent of the company’s net profit in 2016.

Travellers International’s saw its profit slip 15.4 percent in full-year 2016. Such profit was nearly PHP3.40 billion, compared to nearly PHP4.02 billion in the prior-year period.

Related articles

GEN HK slims annual loss but Manila...
Mar 30, 2018
June attack hit RW Manila in 2017, some...
Mar 27, 2018

More news

Jeju Shinhwa casino GGR US$83mln in...
Apr 26, 2018
Macau regulator approves Lucky 6 side...
Apr 25, 2018

Jeju Shinhwa casino GGR US$83mln in stub first quarter

Jeju Shinhwa casino GGR US$83mln in stub first quarter

Apr 26, 2018

Jeju Shinhwa World’s casino, which opened at the South Korean resort on February 25, managed to generate gross gaming revenue (GGR) of HKD650 million (US$82.8 million) in its first – stub –...

Macau regulator approves Lucky 6 side bet for baccarat

Macau regulator approves Lucky 6 side bet for baccarat

Apr 25, 2018

China lottery sales up 6pct March, 9pct for 1Q

China lottery sales up 6pct March, 9pct for 1Q

Apr 25, 2018

BMM prepped for Macau EGM regulation update: White
Jan 04, 2018

BMM Testlabs “ticks all the boxes” with regard to its...
Japan, Cambodia, Vietnam casino biz to watch: Klebanow
Dec 08, 2017

The regulated casino industry is well versed in dealing...
Cloud services, e-Sports highlights of MGS 2017: Chun
Oct 23, 2017

The presence of some of the leading cloud computing...
Crunch time for Tokyo casino option: Caesars exec
Jul 11, 2017

The Tokyo local election setback for Japan’s governing...
Suncity bets on Vietnam, resurgent Macau VIP: Andrew Lo
Jul 06, 2017

A multibillion U.S. dollar casino project on Vietnam’s...