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UBS: SANDS CHINA LTD (01928.HK) Div. in Line ; Shr Price Expected to React Positively
2026-02-16 11:36:47
SANDS CHINA LTD (01928.HK) declared a final DPS of $0.5 for FY2025, in line with expectation, UBS released a research report saying. Previously, an interim DPS of $0.25 was declared.

This final dividend provides visibility for a FY2026 DPS of at least $1 (i.e., $0.5 every half-year). If operating cash flow improves, there may be room for an increase in dividends.

The broker believed that, at this level, the implied dividend yield for FY2026 is approx. 5.4%, which is attractive and should provide downside support for its share price. The stock price is expected to react positively.
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