Melco Resorts & Entertainment Ltd Dividends

The next dividend date for Melco Resorts & Entertainment Ltd has not yet been scheduled.

What is a Dividend Date

When we talk about a dividend date, we’re referring specifically to the ex-dividend date.

This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.

The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.

Most brokerages will automatically credit the dividend to your account once it’s issued.

Historical Dividends for Melco Resorts & Entertainment Ltd (MLCO)

Date	Declaration Date	Record Date	Payment Date	Amount
02/28/2020	02/20/2020	03/02/2020	03/12/2020	$0.17
11/08/2019	10/30/2019	11/12/2019	11/22/2019	$0.17
08/02/2019	07/24/2019	08/05/2019	08/15/2019	$0.17
05/17/2019	05/07/2019	05/20/2019	05/30/2019	$0.16
03/01/2019	02/19/2019	03/04/2019	03/14/2019	$0.16
11/16/2018	11/08/2018	11/19/2018	11/29/2018	$0.15
08/03/2018	07/26/2018	08/06/2018	08/15/2018	$0.15
05/11/2018	05/03/2018	05/14/2018	05/23/2018	$0.14
02/16/2018	02/09/2018	02/20/2018	03/07/2018	$0.14
11/13/2017	11/02/2017	11/14/2017	11/30/2017	$0.09
08/04/2017	07/27/2017	08/08/2017	08/23/2017	$0.09
05/12/2017	05/05/2017	05/16/2017	05/31/2017	$0.09
02/23/2017	02/17/2017	02/27/2017	03/15/2017	$0.09
01/19/2017	01/13/2017	01/23/2017	02/10/2017	$1.32
11/10/2016	11/08/2016	11/15/2016	11/30/2016	$0.04
08/12/2016	08/08/2016	08/16/2016	08/31/2016	$0.02
05/13/2016	05/27/2016	05/17/2016	05/31/2016	$0.02
02/26/2016	03/14/2016	03/01/2016	03/16/2016	$0.64
11/13/2015	12/02/2015	11/17/2015	12/04/2015	$0.02
08/13/2015	09/01/2015	08/17/2015	09/04/2015	$0.01
05/21/2015	06/15/2015	05/26/2015	06/15/2015	$0.03
03/02/2015	03/16/2015	03/04/2015	03/23/2015	$0.05
11/20/2014	12/08/2014	11/24/2014	12/11/2014	$0.07
08/21/2014	09/05/2014	08/25/2014	09/11/2014	$0.08
05/21/2014	06/10/2014	05/23/2014	06/13/2014	$0.13
04/02/2014	04/21/2014	04/04/2014	04/23/2014	$0.34

More About Melco Resorts & Entertainment Ltd

Website

https://www.melco-resorts.com

Country

USA

Full Time Employees

21,784

Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. It owns and operates City of Dreams, an integrated casino resort that has gaming tables and gaming machines; suites and villas; restaurants and bars; retail outlets; a wet stage performance theater; and recreation and leisure facilities. The company also operates Altira Macau, a casino hotel, which has gaming tables and gaming machines; hotel rooms; dining and casual restaurants; recreation and leisure facilities; and non-gaming amenities. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets in Cotai, Macau. Further, the company owns and operates Mocha Clubs with gaming machines, as well as Grand Dragon casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; a casino in Limassol and satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus; and develops and operates City of Dreams Mediterranean, an integrated casino resort in Cyprus. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. Melco Resorts & Entertainment Limited was incorporated in 2004 and is based in Central, Hong Kong. The company operates as a subsidiary of Melco Leisure and Entertainment Group Limited.

Owning Melco Resorts & Entertainment Ltd Stock on the Dividend Date

If you own Melco Resorts & Entertainment Ltd stock on the ex-dividend date, then you earn the associated dividend.

Theoretically, the price of Melco Resorts & Entertainment Ltd stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Melco Resorts & Entertainment Ltd stock).

Therefore, it is typically not expected that there is any incremental profit to be gained from buying Melco Resorts & Entertainment Ltd stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Melco Resorts & Entertainment Ltd dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.

Owning Melco Resorts & Entertainment Ltd Options on the Dividend Date

Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.

The reason is that in the time leading up to the ex-dividend date, that projected drop in Melco Resorts & Entertainment Ltd stock price from the dividend is already baked into Melco Resorts & Entertainment Ltd option prices.

That means the prices of call options that overlap the Melco Resorts & Entertainment Ltd ex-dividend date typically go down in the period leading up to the ex-dividend date.

The prices of put options that overlap the Melco Resorts & Entertainment Ltd ex-dividend date typically go up in the period leading up to the ex-dividend date.

Owners of Melco Resorts & Entertainment Ltd call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Melco Resorts & Entertainment Ltd put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.

Learning More Melco Resorts & Entertainment Ltd Dividends

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