Las Vegas Sands Corp. (NYSE:LVS) Stock to Pay Quarterly Dividend of $0.30

by · The Markets Daily

Las Vegas Sands Corp. (NYSE:LVS – Get Free Report) declared a quarterly dividend on Tuesday, October 20th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.30 per share by the casino operator on Tuesday, November 10th. This represents a $1.20 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Monday, November 2nd.

Las Vegas Sands has a payout ratio of 42.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Las Vegas Sands to earn $3.36 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 35.7%.

Las Vegas Sands Stock Performance

LVS stock traded down $1.05 during midday trading on Thursday, reaching $36.46. 3,217,402 shares of the company’s stock traded hands, compared to its average volume of 5,076,144. The firm has a market capitalization of $23.61 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 0.99 and a beta of 0.78. The company has a 50-day moving average price of $41.24 and a two-hundred day moving average price of $46.86. Las Vegas Sands has a 52 week low of $35.03 and a 52 week high of $70.45. The company has a debt-to-equity ratio of 15.27, a quick ratio of 0.99 and a current ratio of 1.00.

Las Vegas Sands (NYSE:LVS – Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The casino operator reported $0.54 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.14). The firm had revenue of $3.22 billion for the quarter, compared to analysts’ expectations of $3.33 billion. Las Vegas Sands had a net margin of 12.59% and a return on equity of 133.90%. Las Vegas Sands’s revenue was down 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.78 EPS. As a group, equities analysts anticipate that Las Vegas Sands will post 3.01 EPS for the current year.

About Las Vegas Sands

(Get Free Report)

Las Vegas Sands Corp. (NYSE: LVS) is a global developer and operator of integrated resorts, combining hotel accommodations, casinos, convention and exhibition facilities, restaurants, retail outlets, entertainment venues and other leisure amenities. The company serves both mass-market and premium customers through large-scale properties designed to support tourism and business travel.

Las Vegas Sands’ principal operations are in Macau and Singapore. Its Macau portfolio includes properties such as The Venetian Macao, The Londoner Macao, The Parisian Macao, Sands Macao and The Plaza Macao.

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