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
Brendon Lau | March 23, 2020 6:07pm
The government ordered non-essential businesses to close due to COVID-19. Here are some ASX stocks that are directly impacted by the shutdown More »
Phil Harpur | March 23, 2020 5:50pm
The SKYCITY Entertainment Group Limited (ASX: SKC) share price has fallen by 15% after announcing the closure of facilities due to COVID-19. More »
Daryl Mather | March 23, 2020 4:18pm
As the global economy slows, so too does the flow of cash. ASX companies with a high debt load are going to be challenged... More »
Phil Harpur | March 23, 2020 1:09pm
The Event Hospitality and Entertainment Ltd (ASX: EVT) share price has fallen 10% today, following an announcement that all its cinemas across Australia and... More »
James Mickleboro | March 23, 2020 8:34am
SKYCITY Entertainment Group Limited (ASX:SKC) and Crown Resorts Ltd (ASX:CWN) shares will be on watch on the ASX 200 today... More »
Tristan Harrison | March 21, 2020 5:04pm
The Crown Resorts Ltd (ASX:CWN) share price will be on watch after the casino’s coronavirus exemption was removed. More »
Brendon Lau | March 18, 2020 3:58pm
The sell-off on the S&P/ASX 200 Index (Index:^AXJO) (ASX:XJO) continues but this hasn't stopped brokers from upgrading some of the worst coronavirus-hit stocks on... More »
Nikhil Gangaram | March 18, 2020 1:29pm
Here are 3 examples of how some ASX companies are innovatively combating the COVID-19 pandemic. More »
Phil Harpur | March 18, 2020 11:38am
The Ardent Leisure Group Ltd (ASX: ALG) share price share price has been hit hard again today, following an announcement that it will close... More »
James Mickleboro | March 18, 2020 8:52am
The Aristocrat Leisure Limited (ASX:ALL) share price will be on watch today after withdrawing its guidance due to the coronavirus outbreak... More »
Kate O'Brien | March 17, 2020 3:53pm
The economic and social impacts of coronavirus are spreading rapidly. Here we take a look at how ASX leisure shares are faring in these... More »
James Mickleboro | March 16, 2020 3:23pm
The Aristocrat Leisure Limited (ASX:ALL) share price crashed 26% lower on Monday. Here's why its shares were sold off today... 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.