Las Vegas Sands Corp. Declares Final Quarterly Dividend on Preferred Stock
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LAS VEGAS, NV, Nov 04 (MARKET WIRE) --
Las Vegas Sands Corp. (NYSE: LVS) today announced its board of directors
has declared a final quarterly dividend payment of $2.50 per share on its
outstanding 10% Series A Cumulative Perpetual Preferred Stock (Preferred
A Shares) to stockholders of record at the close of business on Thursday,
November 3, 2011. The dividend payment will be made on Tuesday, November
15, 2011 as specified in the Certificate of Designation for the preferred
stock.
The company previously announced on August 3, 2011 that its Board of
Directors approved the redemption of all of its outstanding Preferred A
Shares. The redemption will take place on November 15, 2011 immediately
following the final dividend payment.
About Las Vegas Sands Corp.
Las Vegas Sands Corp. (NYSE: LVS) is a Fortune 500 company and the
leading global developer of destination properties (integrated resorts)
that feature premium accommodations, world-class gaming and
entertainment, convention and exhibition facilities, celebrity chef
restaurants, and many other amenities.
THE VENETIAN(R) and THE PALAZZO(R), Five-Diamond luxury resorts on the
Las Vegas Strip, and SANDS(R) Bethlehem in Eastern Pennsylvania are the
company's properties in the United States.
In Singapore, the iconic MARINA BAY SANDS(R) is the most recent addition
to the company's portfolio.
Through its majority-owned subsidiary Sands China Ltd., the company also
owns a collection of properties in Macau, including THE VENETIAN(R)
Macao, Four Seasons Hotel Macao, and Sands Cotai Central, a 13.7 million
square foot 6,400-room complex opening in early 2012 at the company's
COTAI STRIP(R) development. The company also owns the SANDS(R) Macao on
the Macau peninsula.
Las Vegas Sands is also committed to global sustainability through its
SANDS Eco 360 program and is an active community partner through its
various charitable organizations.
Contacts:
Investment Community:
Daniel Briggs
(702) 414-1221
Media:
Ron Reese
(702) 414-3607
Copyright 2011, Market Wire, All rights reserved.
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