MGM China likely to pay dividend: analysts

MGM China Holdings Ltd. is likely to follow in the footsteps of other casino gaming operators and pay a dividend. “MGM China is quite likely to pay its first dividend this year too, as the company is in a net cash position,” Philip Tulk, analyst at the Royal Bank of Scotland, said. Just last week Las Vegas Sands Corp. said it will start paying an interim dividend of HK$0.58 on February 28. Wynn Macau Ltd., a unit of Wynn Resorts Ltd., announced in November it would also start paying a special dividend of HK$1.20 a share, following SJM Holdings’ move.