Dividend of Genting Singapore is disappointing

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Genting Singapore is an extremely profitable company. It has made a lot of money throughout the years despite having losing a bit of money recently. Many tourists are familiar with both Marina Bay Sands and Resorts World Sentosa. Both are integrated resorts with casino. The investors expect the company to pay dividend at the rate similar to those companies listed in Hong Kong, and other stock exchanges. The current share price of Genting Singapore is S$0.77. The last annual dividend is just 1 cent. If you take $0.01 over $0.77, you can see that the dividend yield is nearly as bad as the saving interest rate offered by the banks. You would expect that a profitable company which is one of the duopoly in Singapore to pay a decent dividend. As a result of the low dividend yield, the share price of Genting Singapore shows that it is held by many speculators. The share price can go as high as S$3, and plunge to a low of $1 plus in a short time.