MGM Resorts International's latest quarterly cash dividend of $0.003 per share was issued to shareholders on record before Sep 8, 2022. The dividend distribution stands at $0.01 per share annually, which comes to a dividend yield of 0.04%. The latest MGM dividend of $0.003 is a decrease from the previous $0.003 payout, representing a change of -17%.
MGM has a dividend yield of 0.04% which is below the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 2.82%, MGM Resorts International's dividend yield is 99% lower. The current dividend yield is below the historical average of 1.1% of the last 5 years.
MGM Resorts International has been paying dividends consistently since 2017. Our records show that MGM has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 9% since twelve months ago. And with the price of the stock down by 34% from a year ago, the dividend yield has an increase of 63%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 8, 2022 | Sep 15, 2022 | Aug 3, 2022 | $0.003 | normal |
| Jun 9, 2022 | Jun 15, 2022 | May 2, 2022 | $0.003 | normal |
| Mar 9, 2022 | Mar 15, 2022 | Feb 9, 2022 | $0.003 | normal |
| Dec 9, 2021 | Dec 15, 2021 | Nov 3, 2021 | $0.003 | normal |
| Sep 9, 2021 | Sep 15, 2021 | Aug 4, 2021 | $0.003 | normal |
| Jun 9, 2021 | Jun 15, 2021 | Apr 28, 2021 | $0.003 | normal |
| Mar 9, 2021 | Mar 15, 2021 | Feb 10, 2021 | $0.003 | normal |
| Dec 9, 2020 | Dec 15, 2020 | Oct 29, 2020 | $0.002 | normal |
| Sep 9, 2020 | Sep 15, 2020 | Jul 30, 2020 | $0.003 | normal |
| Jun 9, 2020 | Jun 15, 2020 | Apr 30, 2020 | $0.003 | normal |
| Mar 9, 2020 | Mar 16, 2020 | Feb 12, 2020 | $0.15 | normal |
| Dec 9, 2019 | Dec 16, 2019 | Oct 30, 2019 | $0.13 | normal |
| Sep 9, 2019 | Sep 16, 2019 | Jul 25, 2019 | $0.13 | normal |
| Jun 7, 2019 | Jun 14, 2019 | Apr 29, 2019 | $0.13 | normal |
| Mar 7, 2019 | Mar 15, 2019 | Feb 13, 2019 | $0.13 | normal |
| Dec 7, 2018 | Dec 14, 2018 | Oct 30, 2018 | $0.12 | normal |
| Sep 7, 2018 | Sep 14, 2018 | Aug 2, 2018 | $0.12 | normal |
| Jun 7, 2018 | Jun 15, 2018 | Apr 25, 2018 | $0.12 | normal |
| Mar 8, 2018 | Mar 15, 2018 | Feb 19, 2018 | $0.12 | normal |
| Dec 8, 2017 | Dec 15, 2017 | Nov 7, 2017 | $0.11 | normal |
| Sep 8, 2017 | Sep 15, 2017 | Jul 26, 2017 | $0.11 | normal |
| Jun 7, 2017 | Jun 15, 2017 | Apr 27, 2017 | $0.11 | normal |
| Mar 8, 2017 | Mar 15, 2017 | Feb 16, 2017 | $0.11 | normal |
MGM has a payout ratio of 0.2% which is lower than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 29.5%, MGM Resorts International's payout ratio is 99% lower.
Yes, MGM Resorts International has been paying dividends for the last five years.
MGM hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in December 2022.
MGM Resorts International's last regular dividend was on Sep 8, 2022 (ex-date) with the amount of $0.003 per share.
On an annual basis MGM pays $0.01 per share.
MGM Resorts International's current dividend yield is 0.04%.
MGM Resorts International pays four dividends per year.
The dividend payout ratio of MGM Resorts International is 0.2%.
MGM Resorts International's dividend yield is below the Consumer Cyclical sector average.