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
Is now the perfect time to buy Newcrest Mining Limited, Crown Resorts Ltd and Ramsay Health Care Limited?
Peter Stephens | February 23, 2015 7:40am
Should you add these 3 stocks to your portfolio? Newcrest Mining Limited (ASX:NCM), Crown Resorts Ltd (ASX:CWN) and Ramsay Health Care Limited (ASX:RHC). More »
Sean O'Neill | February 19, 2015 12:04pm
Here’s what investors need to know about Crown Resorts Ltd's (ASX:CWN) half-yearly report released this morning. More »
Peter Stephens | February 17, 2015 8:39am
These 3 stocks seem to be worth buying right now: Commonwealth Bank of Australia (ASX:CBA), Crown Resorts Ltd (ASX:CWN) and Cochlear Limited (ASX:COH). More »
Darryl Daté-Shappard | February 13, 2015 3:14pm
Crown Resorts Ltd's (ASX:CWN) Macau casinos may be in for a soft 2015, but the stock may be on its way to recovery. More »
Peter Stephens | February 13, 2015 8:19am
Is now the right time to add these 3 stocks to your portfolio? Amcor Limited (ASX:AMC), Crown Resorts Ltd (ASX:CWN) and Oil Search Limited... More »
Darryl Daté-Shappard | February 9, 2015 12:17pm
Crown Resorts Ltd (ASX:CWN) may get a boost from rising Macau tourist numbers visiting its new venue opening this year. More »
Andrew Mudie | February 6, 2015 11:12am
Crown Resorts Ltd (ASX:CWN) could surprise investors with better-than-expected results, here’s what you should look for. More »
3 value stocks that could beat the ASX this year: Woodside Petroleum Limited, QBE Insurance Group Ltd and Crown Resorts Ltd
Peter Stephens | February 6, 2015 8:18am
These 3 stocks could be worth buying right now: Woodside Petroleum Limited (ASX:WPL), QBE Insurance Group Ltd (ASX:QBE) and Crown Resorts Ltd (ASX:CWN). More »
Tim McArthur | February 4, 2015 3:45pm
Echo Entertainment Group Ltd (ASX:EGP) has reported solid results, but Crown Resorts Ltd (ASX:CWN) might be the one to enjoy share price appreciation. More »
Darryl Daté-Shappard | February 3, 2015 9:29am
New Sri Lankan government shuns all casino development. How will Crown Resorts Ltd (ASX:CWN) perform in the years ahead? 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.