Las Vegas Sands Corp. announced that its next recurring quarterly dividend of $0.72 per common share will be paid on March 31, 2016, to Las Vegas Sands shareholders of record on March 22, 2016. That dividend represents an increase of 10.8% compared to the dividend paid in the first quarter of 2015.

The company's Board of Directors announced an increase of 10.8% in the company's recurring common stock dividend for the 2016 calendar year to $2.88 per share ($0.72 per share per quarter).

The company reported unaudited consolidated earnings results for the fourth quarter and year ended Dec. 31, 2015. For the quarter, the company reported revenues of $2,861,735,000 compared to $3,415,993,000 a year ago. Operating income was $701,981,000 compared to $1,022,520,000 a year ago. Income before income taxes was $637,219,000 compared to $968,701,000 a year ago. Net income attributable to the company was $465,782,000 or $0.59 per diluted share compared to $721,305,000 or $0.90 per diluted share a year ago. Adjusted Property EBITDA was $ 1,051,345,000 compared to $1,346,106,000 a year ago. The decrease in operating income was principally due to softer results across the company's Macao property portfolio and a $90.1 million benefit in the fourth quarter of 2014 relating to a property tax refund at Marina Bay Sands in Singapore. Adjusted net income decreased to $492.4 million, or $0.62 per diluted share, compared to $734.2 million, or $0.92 per diluted share, in the fourth quarter of 2014. The decrease in net income attributable to Las Vegas Sands reflected the decline in operating income described above, partially offset by a $47.5 million decrease in net income attributable to noncontrolling interests.

For the year, the company reported revenues of $11,688,461,000 compared to $14,583,849,000 a year ago. Operating income was $2,841,475,000 compared to $4,099,226,000 a year ago. Income before income taxes was $2,621,882,000 compared to $3,832,711,000 a year ago. Net income attributable to the company was $1,966,236,000 or $2.47 per diluted share compared to $2,840,629,000 or $3.52 per diluted share a year ago. Adjusted Property EBITDA was $4,170,230,000 compared to $5,422,343,000 a year ago. Adjusted net income was $2.03 billion in 2015, or $2.55 per diluted share, compared to $2.89 billion, or $3.58 per diluted share, in 2014. The decrease in operating income was principally due to weaker operating results across Macao property portfolio. The decline in net income attributable to Las Vegas Sands reflected the decrease in operating income described above, partially offset by a decrease in net income attributable to noncontrolling interests.