MGM Growth Properties LLC (MGM Growth Properties LLC) Dividend Payout Ratio : 1.21 (As of Mar. 2022)

View and export this data going back to 2016. Start your Free Trial

What is MGM Growth Properties LLC Dividend Payout Ratio?

MGM Growth Properties LLC's dividend payout ratio for the months ended in Mar. 2022 was 1.21.

Warning Sign:

If a company dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of MGM Growth Properties LLC is 1.54, which seems too high.

The historical rank and industry rank for MGM Growth Properties LLC's Dividend Payout Ratio or its related term are showing as below:

MGP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.51 Med: 2.06 Max: 3.28
Current: 1.54

During the past 8 years, the highest Dividend Payout Ratio of MGM Growth Properties LLC was 3.28. The lowest was 1.51. And the median was 2.06.

MGP's Dividend Payout Ratio is not ranked
in the REITs industry.
Industry Median: 1.01 vs MGP: 1.54

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

During the past 8 years, the highest Trailing Annual Dividend Yield of MGM Growth Properties LLC was 11.73%. The lowest was 0.97%. And the median was 5.56%.

MGM Growth Properties LLC's Dividends per Share for the 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.

MGM Growth Properties LLC Dividend Payout Ratio Historical Data

The historical data trend for MGM Growth Properties LLC's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MGM Growth Properties LLC Dividend Payout Ratio Chart

MGM Growth Properties LLC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dividend Payout Ratio

Get a 7-Day Free Trial

2.39

2.09

2.04

3.29

1.51

MGM Growth Properties LLC Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Dividend Payout Ratio	Get a 7-Day Free Trial															1.13	1.84	1.63	1.59	1.21

Competitive Comparison of MGM Growth Properties LLC's Dividend Payout Ratio

For the REIT - Diversified subindustry, MGM Growth Properties LLC's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the REITs Industry

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

* The bar in red indicates where MGM Growth Properties LLC's Dividend Payout Ratio falls into.

MGM Growth Properties LLC Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

MGM Growth Properties LLC's Dividend Payout Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2021 )	/	EPS without NRI (A: Dec. 2021 )
	=	2.055	/	1.36
	=	1.51

MGM Growth Properties LLC's Dividend Payout Ratio for the quarter that ended in Mar. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2022 )	/	EPS without NRI (Q: Mar. 2022 )
	=	0.53	/	0.44
	=	1.20

MGM Growth Properties LLC (NYSE:MGP) Dividend Payout Ratio Explanation

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.

MGM Growth Properties LLC Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of MGM Growth Properties LLC's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MGM Growth Properties LLC (NYSE:MGP) » Definitions » Dividend Payout Ratio

Comparable Companies

LSE:BLND SRC LSE:UTG TSE:8984 ASX:GPT ASX:SGP LSE:LAND XPAR:COV XMAD:MRL ASX:GOZ

Traded in Other Exchanges

N/A

Address

1980 Festival Plaza Drive, Suite 750, Las Vegas, NV, USA, 89135

Website

http://www.mgmgrowthproperties.com

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