Crown Resorts Ltd (ASX: CWN) Share Price and News
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Crown Resorts Ltd (CWN) is one of Australia’s largest entertainment groups. The company owns and operates 2 major integrated resorts, Crown Melbourne and Crown Perth, which house everything from hotels, casinos and shops to restaurants, bars and the like. Crown is also set to soon unveil a resort in Barangaroo, Sydney.
Overseas, the company owns and operates Crown Aspinalls in London, a high-end casino in the West End entertainment district. Crown also has investment stakes in UK casino group Aspers and international restaurant/hotel chain Nobu. On top of all of this, Crown owns betting exchange Betfair Australasia and has interests in other digital businesses.
Crown’s history traces back to Australian rich lister Lloyd Williams when he built the Crown Casino in Melbourne in the 1990s. The casino was later bought out by the Packer family’s PBL and in 2007, Crown Resorts was born when PBL split into separate media and gaming companies. Today, Crown Resorts is one of Australia’s largest public companies, which is reflected in its place within the S&P/ASX 200 Index (ASX: XJO).
Crown Resorts Ltd (ASX: CWN) Latest News
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Tristan Harrison | June 29, 2020 2:28pm
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Daryl Mather | June 26, 2020 10:54am
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Daryl Mather | June 18, 2020 9:48am
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Top brokers name 3 ASX 200 shares to buy today
James Mickleboro | June 17, 2020 1:11pm
Top brokers have named A2 Milk Company Ltd (ASX:A2M) and these ASX 200 shares as buys this week. Here's why they are positive on... More »
Macquarie picks the best stocks to buy for the post COVID-19 rebound
Brendon Lau | May 19, 2020 4:12pm
There's growing confidence that the ASX 200 has passed peak-pain. These are the best stocks to hold for the expected market recovery. More »
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Mark Story | May 13, 2020 9:05am
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UBS picks the 4 sectors that will race ahead next month
Brendon Lau | May 7, 2020 12:21pm
The ASX 200 is drifting directionlessly in the COVID-19 wind, but there are a number of sectors that look well placed to outperform More »
Are Crown shares back in the buy zone?
Ken Hall | April 30, 2020 8:11am
Crown Resorts Limited (ASX: CWN) shares jumped 10% higher yesterday, but does that mean its back in the buy zone for 2020? More »
ASX 200 continues its recovery, up another 1.5% today
Tristan Harrison | April 29, 2020 5:16pm
S&P/ASX 200 Index (ASX:XJO) has continued its recovery, it went up another 1.5% today as investors grow more confident. More »
Crown’s share price fires up as takeover speculation reignites the ASX stock
Brendon Lau | April 29, 2020 12:35pm
The Crown Resorts Ltd (ASX: CWN) share price surged this morning as a new major shareholder popped up on its share register. More »
ASX 200 up 1%: Coles sales surge, ASX banks jump, & Blackstone buys Crown stake
James Mickleboro | April 29, 2020 12:02pm
Coles Group Ltd (ASX:COL) and Crown Resorts Ltd (ASX:CWN) shares are making waves on the ASX 200 on Wednesday... More »
FAQ
Will Crown Resorts pay a dividend in 2020?
Crown Resorts has paid partially franked, twice yearly dividends every year since listing on the ASX at the end of 2007. The company paid an unfranked interim dividend of 30 cents per share on 17 April 2020. This was deferred from its original payment date of 3 April due to Crown finalising additional financing arrangements following the negative impacts of COVID-19 on its business. The interim dividend was originally intended to be franked to 25%. In an update on 2 April, however Crown announced its decision to issue the payment unfranked in light of the pandemic’s impact. This is the first instance of Crown Resorts paying an unfranked dividend. Typically the company pays its final dividend in early October and, as at 23 June, has made no announcement regarding this payment.
Does Crown Resorts offer a DRP?
No. As at June 2020, Crown Resorts does not offer a dividend reinvestment plan.