Melco Resorts & Entertainment Limited (MLCO) will begin trading ex-dividend on November 07, 2019. A cash dividend payment of $0.163 per share is scheduled to be paid on November 22, 2019. Shareholders who purchased MLCO prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.38% increase over prior dividend payment. At the current stock price of $22.33, the dividend yield is 2.96%.
The previous trading day's last sale of MLCO was $22.33, representing a -17.2% decrease from the 52 week high of $26.97 and a 45.66% increase over the 52 week low of $15.33.
MLCO is a part of the Consumer Services sector, which includes companies such as Las Vegas Sands Corp. (LVS) and Marriott International (MAR). MLCO's current earnings per share, an indicator of a company's profitability, is $.91. Zacks Investment Research reports MLCO's forecasted earnings growth in 2019 as 17.42%, compared to an industry average of 5.4%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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