---
title: "In \"The Big Banks,\" Citigroup expects Galaxy Entertainment's future dividend payout ratio to reach as high as 69% and maintains a \"Outperform\" rating"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265433029.md"
description: "The Citigroup research report pointed out that Galaxy Entertainment's dividend payout ratio is expected to rise from 32% in 2023 to 58% in the first half of 2025. If the company returns all of its recurring free cash flow to shareholders, the payout ratio could increase to at least 69% between 2025 and 2027. The firm maintains an \"Outperform\" rating and a target price of HKD 50, believing that the company's cash position is strong enough to meet new investment demands and potential business impacts"
datetime: "2025-11-12T03:04:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265433029.md)
  - [en](https://longbridge.com/en/news/265433029.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265433029.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/265433029.md) | [繁體中文](https://longbridge.com/zh-HK/news/265433029.md)


# In "The Big Banks," Citigroup expects Galaxy Entertainment's future dividend payout ratio to reach as high as 69% and maintains a "Outperform" rating

According to a report by Citigroup, starting from 2023, the dividend payout ratio of Galaxy Entertainment Group (00027.HK) will increase from 32% to 58% in the first half of 2025, while maintaining a prudent asset-liability management policy. Although the bank assumes that the payout ratio will stabilize at 60%, if the company returns all recurring free cash flow to shareholders, the payout ratio could rise to at least 69% between 2025 and 2027.

The bank stated that the company's cash position is robust enough to meet new investment demands and potential business shocks; capital utilization flexibility remains ample; it maintains an "outperform" rating and a target price of HKD 50, and continues to be listed as one of the preferred choices in the Macau gaming sector, as hosting major events helps the company secure stable market share revenue, and there is room for improvement in the payout ratio

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- [Galaxy Entertainment Group Limited (GXYYY.US)](https://longbridge.com/en/quote/GXYYY.US.md)
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