Melco Crown (MPEL) Declares $0.6438 Special Dividend; 4.1% Yield

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Melco Crown Entertainment Declares Special Dividend and Announces Unaudited Results for the Fourth Quarter and Full Year Ended December 31, 2015

February 18, 2016 8:19 AM EST

MACAU, Feb. 18, 2016 (GLOBE NEWSWIRE) -- Melco Crown Entertainment Limited (Nasdaq: MPEL) (Melco Crown Entertainment or the Company or we), a developer, owner and operator of casino gaming and entertainment resort facilities in Asia, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2015.

Net revenue for the fourth quarter of 2015 was US$1,058.0 million, representing a decrease of approximately 6% from US$1,121.4 million for the comparable period in 2014. The decline in net revenue was primarily... More