To be paid December 21
Wynn Resorts declares us$ 5 dividend
2011-11-03
Reading time 23 seg
(US).- Wynn Resorts shares rose sharply this week after the casino operator declared a us$ 5 special dividend. The company issued an us$ 8 special dividend last year but it disappointed investors last month when it said issuing another special dividend was uncertain.
Wynn Resorts said that the us$ 5 dividend will be paid December 21 to shareholders of record as of November 23.
The company, led by billionaire CEO Steve Wynn, operates casinos in Las Vegas and Macau, China.
Shares of the company were up us$ 7.08, more than 5.5 percent, to us$ 135.69 by late morning.
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