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
Phil Harpur | March 16, 2020 12:50pm
The Crown Resorts Ltd (ASX: CWN) share price is down by 9.3% so far today, after releasing details of new social distancing measures that... More »
Tristan Harrison | February 28, 2020 2:33pm
Investors Mutual’s investment director Anton Tagliaferro has revealed which ASX shares to buy right now. More »
James Mickleboro | February 25, 2020 5:48pm
Crown Resorts Ltd (ASX:CWN) and these ASX 200 shares have just crashed to multi-year lows. Here's why... More »
Tristan Harrison | February 19, 2020 6:32pm
The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) ended up on Wednesday, here are 8 ASX shares you missed. More »
James Mickleboro | February 19, 2020 10:54am
The Crown Resorts Ltd (ASX:CWN) share price is pushing higher on Wednesday following the release of its half year results... More »
Tristan Harrison | February 8, 2020 10:39am
These were 4 of the biggest news items from the ASX 200 (ASX:XJO) this week. Read how this affected these individual companies. More »
Tristan Harrison | February 7, 2020 5:06pm
The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) ended down on Friday, here are 8 ASX shares you missed. More »
James Mickleboro | February 7, 2020 12:08pm
Crown Resorts Ltd (ASX:CWN), News Corp (ASX:NWS), and REA Group Limited (ASX:REA) shares are on the move on the ASX 200 on Friday... More »
James Mickleboro | February 7, 2020 9:26am
The Crown Resorts Ltd (ASX:CWN) share price will be on watch after it revealed that the Melco transaction has collapsed... More »
Tristan Harrison | February 5, 2020 2:23pm
ASX banks like Australia and New Zealand Banking Group (ASX:ANZ) are worried about a recession for the Australian economy. 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.