Content Writer: Janice Chew • Monday, 26/08/2026 - 00:25:54 - AM
MGM China has declared an interim dividend of HK$0.25 per share for the first half of 2026, returning approximately HK$950 million (US$121 million) to shareholders.
The payout represents 50% of the company’s first-half profit—the maximum permitted under its revised dividend policy. It is expected to be paid on 3 September 2026. The board said MGM China would retain sufficient resources to fund its operations, business development and investment commitments under its Macau gaming concession.
Strong Revenue Despite Lower Profit
MGM China recorded a historic-high net revenue of HK$17.4 billion, up from HK$16.7 billion a year earlier. Daily gross gaming revenue increased by 5%, while the company maintained a strong market share of approximately 15.9%.
However, adjusted EBITDA slipped slightly to HK$4.8 billion, while attributable profit declined from HK$2.38 billion to HK$1.90 billion. Lower VIP win rates and higher branding, marketing and operating expenses weighed on profitability.
CEO Kenneth Feng said MGM China remains focused on improving its products and services while creating compelling guest experiences. He added that the company is committed to supporting Macau’s development as a global and diversified tourism destination.
A Positive Signal to Investors
The dividend demonstrates confidence in MGM China’s cash flow and financial position, even as it continues investing in property upgrades and non-gaming attractions.
More importantly, honouring the 50% payout policy strengthens management’s credibility. For investors, this combination of shareholder returns, record revenue and continued reinvestment presents a more balanced long-term growth story.