SOURCE: Las Vegas Sands

Las Vegas Sands

November 04, 2011 08:31 ET

Las Vegas Sands Corp. Declares Final Quarterly Dividend on Preferred Stock

LAS VEGAS, NV--(Marketwire - Nov 4, 2011) - 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® and THE PALAZZO®, Five-Diamond luxury resorts on the Las Vegas Strip, and SANDS® Bethlehem in Eastern Pennsylvania are the company's properties in the United States.

In Singapore, the iconic MARINA BAY SANDS® 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® 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® development. The company also owns the SANDS® 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.

Contact Information

  • Contacts:

    Investment Community:
    Daniel Briggs
    (702) 414-1221

    Ron Reese
    (702) 414-3607