Sands China has doubled its interim dividend to HK$0.50 ($0.064) per share, representing an aggregate payout of HK$4.05 billion ($516 million).
The Macau gaming operator’s board declared the dividend on Friday as part of the company’s results for the six months ended June 30th, 2026. The payment compares with an interim dividend of HK$0.25 ($0.032) per share for the same period last year.
Shareholders registered as of September 18th will be entitled to the dividend, which is expected to be paid on October 9th. The shares will trade ex-dividend from September 16th.
The latest distribution follows a final dividend of HK$0.50 per share for 2025, amounting to HK$4.05 billion ($517 million), which was paid in June.
The two payments bring Sands China’s dividends paid or declared during 2026 to HK$1.00 per share, with an aggregate value of approximately HK$8.10 billion ($1.03 billion).
The increased payout comes despite weaker profitability during the first half of the year.
Sands China’s net revenue rose 11.1 percent year-on-year to $3.88 billion, primarily due to higher casino revenue. However, profit fell 3.6 percent to $398 million, while adjusted property EBITDA declined 3.4 percent to $1.07 billion.
The company attributed the EBITDA decline to increased spending on customer incentives and higher payroll costs amid a competitive operating environment. These pressures were partly offset by revenue growth at The Londoner Macao following the completion of The Londoner Grand in April 2025.
As AGB previously reported, Sands China’s second-quarter net income fell 50 percent year-on-year to $107 million after unusually low rolling-table hold affected its Macau results.
Quarterly net revenue slipped 0.8 percent to $1.78 billion, while adjusted property EBITDA fell 24 percent to $430 million. The unfavorable rolling result reduced EBITDA by an estimated $87 million, despite growth in gaming volumes across all segments.
