|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.1200 - 4.3400|
|52 Week Range||4.0640 - 5.5400|
|Beta (5Y Monthly)||1.21|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jun 10, 2020|
|1y Target Est||N/A|
Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced a 7.7% increase in its common stock dividend for the second quarter 2021.
Moody's Investors Service has assigned a first-time Ba1 corporate family rating (CFR) to SJM Holdings Limited, and a Ba2 backed senior unsecured rating to the proposed notes to be issued by Champion Path Holdings Limited and guaranteed by SJM Holdings Limited. "SJM's Ba1 CFR is mainly underpinned by its established gaming operations in Macao SAR, the expected earnings contributions from its new integrated resort in Cotai, and its conservative financial track record," says Sean Hwang, a Moody's Assistant Vice President and Analyst.
Fears China is broadening a crackdown on offshore gambling has sparked a rush to withdraw billions of dollars from the world’s biggest gambling hub Macau, threatening a recovery in the coronavirus-stricken economy, executives say. An unprecedented stampede to withdraw money from junkets – companies which lure high rollers to gamble – started in July after Beijing identified the cross-border flow of funds for gambling as a national security risk. Worryingly, the customer withdrawals have spilled into the broader casino industry, leading to a cash crunch in Macau's VIP sector at a time the Chinese territory is struggling to recover from COVID-19 restrictions which has sent tourist numbers and gambling revenues plummeting.