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MCArmel1

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Thursday, 10/17/2013 7:30:05 PM

Thursday, October 17, 2013 7:30:05 PM

Post# of 1696
Las Vegas Sands hiking dividend by 43% in 2014

In tandem with its Q3 results, Las Vegas Sands (LVS) discloses it will boost its quarterly dividend to $0.50/share for 2014. That's good for a 2.8% yield at current levels.
LVS adds it will consider paying a special dividend at the end of 2013.
Q3 casino revenue +36% Y/Y to $2.98B (79% of total revenue). Adjusted property EBITDA rose 45.5% Y/Y to $.128B, outpacing rev. growth of 31.7%. $299.6M was spent on buybacks.
LVS +0.2% AH after making new 52-week highs in regular trading.
Q3 results, PR


http://seekingalpha.com/currents/post/1336692?source=email_rt_mc_readmore

Wolves.. The original man's Best Friend!

In search of the fabricated IR.."nope, not here either!"

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Volume:
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