Galaxy Entertainment Group indicated that its recently announced dividend is to be paid out in April is a sign of the group's strong financial situation.

Given Galaxy Entertainment Group's strong financial position, Jefferies expects the operator to increase its dividend payout ratio for the first half of 2024.

Galaxy Entertainment returned to profit in 2021 and announced a special dividend of HK$0.3 a share, which it says is a testament to its confidence in the future of the Macau market.

Galaxy Entertainment Group, despite being one of the few debt-free casino operators in Macau, has significant potential to enhance shareholder returns by incorporating low-cost debt into its capital structure.

Galaxy Entertainment Group (GEG) reported strong financial performance for the third quarter of 2024, with an 11 percent year-on-year increase in group revenue to $1.38 billion.

Macau gaming operator MGM China has announced a special dividend payment of HK$0.353 per share to its shareholders.

Galaxy Entertainment Group (GEG) is well-positioned to 'invest heavily' in growth opportunities in Macau and potentially other jurisdictions, such as Thailand, while still returning capital to shareholders through dividends, says CBRE.

Macau gaming operator Galaxy Entertainment Group (GEG) has announced strong financial results for the first quarter of 2024, with gross gaming revenue (GGR) growing by 59 percent year-on-year, $1.23 billion, a 4 percent increase compared to 4Q23.

JP Morgan says that the surprising resumption of dividends by Macau gaming operators MGM and Wynn, the first since COVID-19, signals meaningful and sustainable cash returns ahead, with accelerating profit flow-through from ongoing demand recovery.

Five out of six gaming operators in Macau are unlikely to resume dividends by 2025, though Sands China and MGM China seem to be in a better position than others, according to calculations by Morgan Stanley.