Macau casino operator Sands China Ltd. has recommended the payment of a final dividend of HK$1.00 (US$0.13) per share for the year ended Dec. 31, 2015 according to a recent filing to the Hong Kong Stock Exchange.
The proposed final dividend is subject to the approval of the shareholders at the forthcoming Annual General Meeting which will be held on May 27, 2016.
If approved, the final dividend will be paid in Jun. 24, 2016.
Sands China says the register of members of the company will be closed from May 17 to May 27, 2016, “for the purpose of determining the identity of members who are entitled to attend and vote at the AGM,” as well as “determining the identity of members who are entitled to the final dividend, on Friday, June 3, 2016, on which date no transfer of shares of the Company will be effected.”