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WYNN MACAU Swells ~6% Post-results as 2024 NP Surges 1.7x+, DPS Hikes
Recommend 7 Positive 14 Negative 3 2025/03/28 01:59 GMT
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WYNN MACAU (01128.HK) opened 2.98% higher this morning, and peaked at $6.05. The stock last printed at $6.03, advancing 5.79%, with 15.7871 million shares traded, involving $94.2851 million. WYNN MACAU's 2024 net profit was nearly $3.2 billion, marking a surge of 173%. Full-year adjusted EBITDA was $8.21 billion, up 24%. A final DPS of $18.5 cents was declared, representing an increase of nearly 1.5x over $7.5 cents for 2023. WYNN MACAU's dividend was a pleasant surprise, JPMorgan said. Its 2024 dividend payout ratio was 43%, significantly beating the market consensus.
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