Star Entertainment – 1H19 Earnings

The Star Entertainment Group reported 1H19 earnings yesterday and EBITDA was up 3% on the same time last year, at $297m.

SGR delivered a strong result with revenues up over 6%. We have the stock now trading on a 5.3% dividend yield and see low single digit earnings growth ahead.

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We recommend adding a covered call option to enhance the income return.

 

 

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