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MGM Growth Properties LLC (MGM Growth Properties LLC) Forward Dividend Yield % : 5.09% (As of May. 05, 2024)


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What is MGM Growth Properties LLC Forward Dividend Yield %?

As of today (2024-05-05), the Forward Annual Dividend Yield of MGM Growth Properties LLC is 5.09%.

As of today (2024-05-05), the Trailing Annual Dividend Yield of MGM Growth Properties LLC is 5.02%.

MGP's Forward Dividend Yield % is not ranked
in the REITs industry.
Industry Median: 7.3 vs MGP: 5.09

MGM Growth Properties LLC's Dividends per Share for the three months ended in Mar. 2022 was $0.53.

During the past 12 months, MGM Growth Properties LLC's average Dividends Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.30% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of MGM Growth Properties LLC was 21.70% per year. The lowest was 5.80% per year. And the median was 6.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of MGM Growth Properties LLC's Forward Dividend Yield %

For the REIT - Diversified subindustry, MGM Growth Properties LLC's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MGM Growth Properties LLC's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, MGM Growth Properties LLC's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MGM Growth Properties LLC's Forward Dividend Yield % falls into.



MGM Growth Properties LLC Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


MGM Growth Properties LLC  (NYSE:MGP) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


MGM Growth Properties LLC Forward Dividend Yield % Related Terms

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MGM Growth Properties LLC (MGM Growth Properties LLC) Business Description

Traded in Other Exchanges
N/A
Address
1980 Festival Plaza Drive, Suite 750, Las Vegas, NV, USA, 89135
MGM Growth Properties LLC is a real estate investment trust engaged in owning, acquiring and leasing large-scale casino resort properties, including casino gaming, hotel, convention, dining, entertainment, retail and mixed-use facilities, and other resort amenities. The company's property portfolio consists of entertainment and gaming-related properties located on the Las Vegas Strip Mandalay Bay, The Mirage, Monte Carlo, New York-New York, Luxor and Excalibur, and The Park, a dining and entertainment complex located between New York-New York and Monte Carlo. It owns casino resort properties MGM Grand Detroit in Detroit, Michigan, Beau Rivage and Gold Strike Tunica, located in Mississippi, Borgata in Atlantic City, New Jersey, and MGM National Harbor in Prince George's County, Maryland.
Executives
Andy H Chien officer: CFO and Treasurer C/O MGM GROWTH PROPERTIES LLC, 6385 S. RAINBOW BLVD., SUITE 500, LAS VEGAS NV 89118
Paul J Salem director 50 KENNEDY PLAZA, 18TH FLOOR, PROVIDENCE RI 02903
Daniel J Taylor director 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
James C. Stewart officer: Chief Executive Officer C/O MGM GROWTH PROPERTIES LLC, 6385 S. RAINBOW BLVD., SUITE 500, LAS VEGAS NV 89118
Thomas A Roberts director C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BLVD., SUITE 500 LAS VEGAS NV 89118
Charles Irving director C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BOULEVARD, SUITE 500 LAS VEGAS NV 89118
Kathryn Coleman director 6385 S RAINBOW BOULEVARD, STE. 500 LAS VEGAS NV 89118
Michael Rietbrock other: Former Director C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BLVD., SUITE 500 LAS VEGAS NV 89118
James Murren other: former director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Robert W Smith director C/O MGM GROWTH PROPERTIES LLC 6385 S. RAINBOW BLVD., SUITE 500 LAS VEGAS NV 89118
Sanders Corey Ian director 3950 LAS VEGAS BLVD., S., LAS VEGAS NV 89119
Lau Knicks officer: ED Acct & Finance (Controller) 1980 FESTIVAL PLAZA DR., SUITE 750, LAS VEGAS NV 89135
William Hornbuckle director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
John Mcmanus director 3600 LAS VEGAS BLVD, S., EXECUTIVE OFFICES, LAS VEGAS NV 89119
Resorts International Mgm 10 percent owner 3600 LAS VEGAS BLVD S., LAS VEGAS NV 89109