MGM shareholders approve final dividend

Casino operator MGM China Holdings has confirmed a final dividend of HK$0.160 (US$0.02) per share for the year ended December 31, 2016 following an annual general meeting held on May 24, 2017.

MGM China first made the announcement of its filing in February. The final dividend amounts to approximately HK$608 million in aggregate for the year ended Dec. 31, 2016, which is approximately 20 percent of the group’s profit attributable to owners of the company for the full-year 2016.

The final dividend will be available for shareholders registered before June 6, 2017, and is expected to be paid on June 16, 2017.