Wynn Macau Shares Gain After Parent Pays Special Dividend
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Wynn Macau Ltd. rose to a five-month high in Hong Kong trading on optimism that billionaire Steve Wynn’s Macau casino operator could pay a special dividend after its Las Vegas parent boosted its payout to investors.
Wynn Macau, a unit of Wynn Resorts Ltd., closed 2.5 percent higher at HK$22.2, the highest level since May 9. The city’s Hang Seng Index rose 0.2 percent.