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\u201cAdditional tourism and entertainment amenities of The Londoner Macao will debut throughout 2020 and 2021,\u201d said Adelson. \u201cLooking further ahead, the expansion of Marina Bay Sands in Singapore will expand our suite capacity by 40%.\u201d<\/p>\n<\/div>\n
The LVS boss was also quick to note his company continues to pursue a Japanese gaming license, a competition in which the firm is widely viewed as one of the frontrunners because of the strength of its other Asian assets.<\/p>\n
Cash For Investors<\/h2>\n
During the September quarter, LVS repurchased $100 million worth of its own shares while paying a dividend of 77 cents a share. But that latter figure is heading higher.<\/p>\n
Starting next year, Sands’ dividend will rise to 79 cents a share per quarter, or $3.16 annually, marking the eighth consecutive year in which the firm has boosted its payout.<\/strong><\/p>\nIn the recently completed quarter, the company spent $303 million sprucing up properties in Asia and Las Vegas with $183 million of that tally directed to Macau. As of Sept. 30, LVS had $3.82 billion in cash and debt of $11.93 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"
Shares of Las Vegas Sands Corp. (NYSE:LVS) were mostly flat in Wednesday’s after-hours session after the largest domestic casino company by market value revealed third-quarter results that missed Wall Street estimates. But investors appeared constructive on the firm’s decent Macau data. On a generally accepted accounting principles (GAAP) basis, Sands earned 69 cents a share […]<\/p>\n","protected":false},"author":46,"featured_media":118056,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,33810],"tags":[],"acf":[],"yoast_head":"\n
Sands Q3 Macau Numbers Were OK, The Company Raised Its Dividend<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n