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
Peter Stephens | April 28, 2015 7:38am
These 3 stocks could be worth buying ahead of strong performance: Woodside Petroleum Limited (ASX:WPL), Crown Resorts Ltd (ASX:CWN) and Suncorp Group Ltd (ASX:SUN). More »
Buy, Sell, or Hold? Nine Entertainment Co Holdings Ltd, Crown Resorts Ltd and Woodside Petroleum Limited
Andrew Mudie | April 20, 2015 4:53pm
With dividends to plunge, should you hold Woodside Petroleum Limited (ASX:WPL)? More »
Peter Stephens | April 7, 2015 5:50am
These 3 companies are worth buying due to their dependence on consumer spending levels: Wesfarmers Ltd (ASX:WES), Scentre Group Ltd (ASX:SCG) and Crown Resorts... More »
Darryl Daté-Shappard | March 23, 2015 5:17pm
Crown Resorts Ltd's (ASX:CWN) long-term casino development plans could pay off for patient investors, but its shares are getting battered right now. More »
Sean O'Neill | March 17, 2015 12:35pm
How would Crown Resorts Ltd (ASX:CWN) spent $400 million? More »
Regan Pearson | March 13, 2015 2:35pm
Here's the real impact of falling Macau gaming revenues on Crown Resorts Ltd (ASX:CWN). More »
Andrew Mudie | March 11, 2015 5:30pm
Crown Resorts Ltd (ASX:CWN) shares have fallen from $16 to $14 and investors are getting nervous. More »
Darryl Daté-Shappard | March 6, 2015 11:49am
Crown Resorts Ltd's (ASX:CWN) Sydney casino development plans proceed after Lend Lease Group (ASX:LLC) hammers out profit share agreement with NSW government. More »
Darryl Daté-Shappard | March 5, 2015 10:37am
Crown Resorts Ltd (ASX:CWN) and Retail Food Group Limited (ASX:RFG) have racked up strong gains following the February reporting season. More »
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.