MGM Resorts International (MGM) Dividend Details and dates on New York Stock Exchange

MGM Resorts International Dividend Stock Review

New York Stock Exchange

MGM Resorts International (MGM) Dividend Details and dates on New York Stock Exchange

MGM Resorts International MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations and MGM China. The Las Vegas Strip Resorts segment consists of the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi; Gold Strike Tunica in Tunica, Mississippi; Borgata in Atlantic City, New Jersey; MGM National Harbor in Prince George's County, Maryland; and MGM Springfield in Springfield, Massachusetts. The MGM China segment consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986 and is headquartered in Las Vegas, NV.
Sector: Consumer Services Casinos/Gaming

Dividend income advisory for MGM
Dividend Yield for MGM
The expected yield for MGM is 1.91 %, which can be considered at the lower side, after taxation the dividend will return barely more than inflation.

How is MGM priced
MGM has a trailing price to earnings ratio (P/E) of 53.86. The ratio is determined by the performance in the last 12 months. The P/E of MGM is at the high side, this mostly means the asset is valued to account for future revenue of profits of MGM Resorts International.

Debt to equity of MGM
With the Debt To Equity rate of MGM (2.32) we can conclude that MGM Resorts International has more external liabilities than equity provided by shareholders. The company is leveraging it's investments with external cash. This can result in more returns but comes at a higher risk.

Price Prediction for MGM
On average analists predict that MGM will be correctly priced after a 31%. change. We can expect some long term capital gains.

Upcoming Dividends for MGM
Declared Ex Dividend Date Payment Date Record Date Amount Frequency
2019-04-29 2019-06-07 2019-06-14 2019-06-10 0.13 USD Quarterly

Dividends in past 12 months MGM
Declared Ex Dividend Date Payment Date Record Date Amount Frequency
2019-02-13 2019-03-07 2019-03-15 2019-03-08 0.13 USD Quarterly
2018-10-30 2018-12-07 2018-12-14 2018-12-10 0.12 USD Quarterly
2018-08-02 2018-09-07 2018-09-14 2018-09-10 0.12 USD Quarterly
2018-04-26 2018-06-07 2018-06-15 2018-06-08 0.12 USD Quarterly

Historical Dividends & Cap Growth for MGM
Past 5 Year Capital Gains -20.42 %
Dividend yield 3.56 %
Growth including dividends -16.86%
Latest news for MGM

2019-05-14 Uneven first year is only the start for sports betting LAS VEGAS — It’s common knowledge that politics makes strange bedfellows. Still, it was a surprise last summer when NBA commissioner Adam Silver and Jim Murren, the CEO of MGM Resorts, shook hands on a historic deal. Dominoes had been slowly falling for more than two months before Silver changed the sports-betting game on July…
Original Article @ New York Post

2019-05-02 MGM Resorts Sees Its Path to Growth Running Through Asia Las Vegas has been hit and miss, and in Macau, it's playing catch up. But the casino resort company has a legitimate shot to take a piece of Asia's next big gaming market.
Original Article @ The Motley Fool

2019-04-30 MGM Resorts Stock Is Tumbling on Earnings, but Analysts Say Don’t Panic MGM Resorts stock is falling after the company announced earnings well below Wall Street estimates. But some analysts are cautioning patience.
Original Article @ Barron's

2019-04-30 AK Steel Stock Is Up, MGM Resorts Falls, and 3 More Companies to Watch Corporate earnings are the main force behind the market again. Dow futures pointed to a modest gain, while the Nasdaq was lower.
Original Article @ Yahoo Finance

2019-04-30 Stocks making the biggest moves premarket: Alphabet, General Electric, MGM Resorts & more Names on the move ahead of the open.
Original Article @ CNBC

2019-04-30 Stocks to Watch: Alphabet, Western Digital, MGM Resorts, Sanmina, Texas Roadhouse Companies with shares expected to trade actively in Tuesday’s session include Alphabet, Western Digital, MGM Resorts International and Sanmina.
Original Article @ The Wall Street Journal

2019-04-30 MGM Resorts International (MGM) CEO James Murren on Q1 2019 Results - Earnings Call Transcript MGM Resorts International (NYSE:MGM) Q1 2019 Results Earnings Conference Call April 29, 2019, 05:00 PM ET Company Participants Catherine Park - Executive Direct
Original Article @ Seeking Alpha

2019-04-30 MGM Resorts International (MGM) Q1 2019 Earnings Call Transcript MGM earnings call for the period ending March 31, 2019.
Original Article @ The Motley Fool

2019-04-29 Stocks making the biggest moves after hours: Alphabet, Yum China, MGM Resorts & more See which stocks are posting big moves after the bell.
Original Article @ CNBC

2019-04-29 MGM Resorts misses first-quarter earnings estimates CNBC's Josh Lipton reports on MGM Resorts' first-quarter earnings.
Original Article @ CNBC

Dividend Stats For MGM

  • Current Dividend Yield 1.91%
  • Past Year Payout: 0.49 USD
  • Next Ex Dividend 2019-06-07
  • Next Payment: 0.13 USD
  • Our score 45 %

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