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MGP MGM Growth Properties LLC dividend history, payout ratio & dates

MGM Growth Properties LLC's latest quarterly dividend of $0.53 per share was on Mar 30, 2022 (ex-date). The annualized dividend distribution of $2.09 per share represents a current dividend yield of 5.02%. The latest MGP payment of $0.53 marks a dividend growth of 1%.

Key dates

  • MGP last dividend date: Mar 30, 2022
  • MGP next dividend date: Not announced
MGP dividend stats
DPS
$2.09
Dividend yield
5.02%
Payout ratio
152.6%
vs. Real Estate sector
Dividend yield
6.35%
Payout ratio
116.2%

Dividend yield

What is MGM Growth Properties LLC current dividend yield

MGP has a dividend yield of 5.02% which is below the Real Estate sector and the industry average. If we compare it with its Real Estate sector average of 6.35%, MGM Growth Properties LLC's dividend yield is 21% lower. The historical 5-year average of MGP's dividend yield is 6.0%, which is more than the current yield.

Dividend history

What is MGP dividend payout history and dates

MGM Growth Properties LLC has a history of paying dividends since 2016. Our records of MGP show that the company has distributed two quarterly dividends in the past year. The annualized dividend per share has an increase of 3.6% since twelve months ago. But with the price of the stock up by 7% from a year ago, the dividend yield has a decrease of 2.8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 30, 2022 Apr 14, 2022 Mar 15, 2022 $0.53 normal
Dec 30, 2021 Jan 14, 2022 Dec 15, 2021 $0.525 normal
Sep 29, 2021 Oct 15, 2021 Sep 15, 2021 $0.52 normal
Jun 29, 2021 Jul 15, 2021 Jun 15, 2021 $0.515 normal
Mar 30, 2021 Apr 15, 2021 $0.495 normal
Dec 30, 2020 Jan 15, 2021 Dec 15, 2020 $0.488 normal
Sep 29, 2020 Oct 15, 2020 Sep 15, 2020 $0.488 normal
Jun 29, 2020 Jul 15, 2020 Jun 15, 2020 $0.488 normal
Mar 30, 2020 Apr 15, 2020 Mar 13, 2020 $0.475 normal
Dec 30, 2019 Jan 15, 2020 Dec 13, 2019 $0.47 normal
Sep 27, 2019 Oct 15, 2019 Sep 13, 2019 $0.47 normal
Jun 27, 2019 Jul 15, 2019 Jun 14, 2019 $0.468 normal
Mar 28, 2019 Apr 15, 2019 Mar 15, 2019 $0.465 normal
Dec 28, 2018 Jan 15, 2019 Dec 14, 2018 $0.448 normal
Sep 27, 2018 Oct 15, 2018 Sep 17, 2018 $0.438 normal
Jun 28, 2018 Jul 16, 2018 Jun 15, 2018 $0.43 normal
Mar 28, 2018 Apr 13, 2018 Mar 15, 2018 $0.42 normal
Dec 28, 2017 Jan 16, 2018 Dec 15, 2017 $0.42 normal
Sep 28, 2017 Oct 13, 2017 Sep 15, 2017 $0.395 normal
Jun 28, 2017 Jul 14, 2017 Jun 15, 2017 $0.395 normal
Mar 29, 2017 Apr 13, 2017 Mar 15, 2017 $0.388 normal
Dec 28, 2016 Jan 16, 2017 Dec 15, 2016 $0.388 normal
Sep 28, 2016 Oct 14, 2016 Sep 15, 2016 $0.388 normal
Jun 28, 2016 Jul 15, 2016 Jun 16, 2016 $0.263 normal

MGM Growth Properties LLC dividend payout ratio

What is MGM Growth Properties LLC dividend payout ratio compared to the sector

Payout ratio

MGP has a payout ratio of 152.6% which is higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 116.2%, MGM Growth Properties LLC's payout ratio is 31% higher.

Total amount of dividends paid per financial year (from cash flow)

MGP dividend vs peer dividends

How does MGP dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PDM Piedmont Office Realty Trust Inc 7.95% $0.84 221.1%
MGP MGM Growth Properties LLC 5.02% $2.09 152.6%
PEB Pebblebrook Hotel Trust 0.28% $0.04 N/A

Frequently asked questions

Does MGM Growth Properties LLC pay a dividend?

MGM Growth Properties LLC has issued two dividends in the last twelve months.

When was MGP's last dividend?

MGM Growth Properties LLC's last dividend ex-date was on Mar 30, 2022. The dividend amount was $0.53 per share.

How much dividend does MGM Growth Properties LLC pay (per share)?

MGP has paid dividend of $2.09 per share in the last year.

What is MGM Growth Properties LLC's dividend yield?

MGM Growth Properties LLC's current dividend yield is 5.02%.

How often does MGM Growth Properties LLC pay dividends?

MGM Growth Properties LLC has a quarterly dividend frequency.

What is MGM Growth Properties LLC's dividend payout ratio?

MGM Growth Properties LLC's dividend payout ratio is 152.6%.

Does MGM Growth Properties LLC pay a good dividend?

MGM Growth Properties LLC's dividend yield is less than the Real Estate sector average.