Iao Kun semi-annual dividend to be paid on October 19

Iao Kun Group Holding. a junket room operator, declared that a semi-annual dividend of $0.014 per share will be paid on October 19.

The company said that the record date for the 2015 six-month dividend will be October 7, following an announcement that the company’s board of directors had authorized a regular dividend each year after the release of the company's financial results for the six months ending June 30.

The company reported $0.03 earnings per share in the last quarter, beating analysts’ consensus estimates of $0.09 by $0.06. During the same quarter last year, the business earned $0.12 EPS.