Wynn (WYNN), Las Vegas Sands (LVS) Holders Could Hit the Jackpot
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Get Alerts WYNN Hot Sheet
Price: $139.30 --0%
Rating Summary:
19 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 17 | New: 21
Rating Summary:
19 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 17 | New: 21
Trade WYNN Now!
Shareholders of Wynn (Nasdaq: WYNN) and Las Vegas Sands (NYSE: LVS) could be seeing big fat checks soon.
Both casino operators could announce a special dividend, according to Susquehanna analyst Rachael Rothman. Rothman said the odds are in favor or Wynn issuing a special dividend by year-end. She is positive on both stocks.
Last year, Wynn paid a special dividend of $5 per share and also pays a normal quarterly dividend of $0.50 per share, or 2 percent yield.
Las Vegas Sands pays a normal quarterly dividend of $0.25 per shares, or 2.3 percent yield.
One word of advice: Once you get the cash you might not want to run to the casino and be it all. Maybe put it in a CD or something. But if you can't help yourself and do bet it all on RED, you might again see some of that money come back to you in the form of a future dividend.
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Both casino operators could announce a special dividend, according to Susquehanna analyst Rachael Rothman. Rothman said the odds are in favor or Wynn issuing a special dividend by year-end. She is positive on both stocks.
Last year, Wynn paid a special dividend of $5 per share and also pays a normal quarterly dividend of $0.50 per share, or 2 percent yield.
Las Vegas Sands pays a normal quarterly dividend of $0.25 per shares, or 2.3 percent yield.
One word of advice: Once you get the cash you might not want to run to the casino and be it all. Maybe put it in a CD or something. But if you can't help yourself and do bet it all on RED, you might again see some of that money come back to you in the form of a future dividend.
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Susquehanna International Group of Companies, Dividend
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