MGM Growth Properties LLC Class A common shares representing limited liability company interests (MGP) Dividends
Dividend Yield and Dividend History Highlights
- MGP has issued more total dividends (as measured in absolute US dollars) over the past six years than 80.47% of other US stocks currently paying dividends.
- MGP has an EBITDA to net debt ratio of 0.16; for context, that's better than just 20.92% stocks in our set.
- MGP's free cash flow has been growing at a compound average annual rate of -43.52% over the past 4.75 years -- higher than just 15.56% of current US-listed dividend stocks.
- As for stocks whose price is uncorrelated with MGP's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: MPX, IVC, TRIB, WPG and ATNI.
MGP Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $41.64 | $84.68 | 126.89% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for MGP, the DDM model, as implemented by StockNews, implies a positive return of 126.89% relative to its current price. Digging deeper, the aspects of MGM Growth Properties LLC's dividend discount model that we found most interesting were:
- In comparison to stocks we observe that provide shareholders with a dividend, MGM Growth Properties LLC produces a dividend yield 5.63% -- which falls in the top 11.42%.
- Regarding its relative worth based on the dividend discount model, MGM Growth Properties LLC's estimated return of 126.89% surpasses about 72.7% of dividend issuers we applied the dividend discount model to.
- Beta, a measure of volatility relative to the stock market overall, is lower for MGP than it is for 29.41% of other equities in the Real Estate sector that also issue dividends.
MGP Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2022-03-30 | Dividend | $0.53 | +0.95% |
| 2021-12-30 | Dividend | $0.53 | +0.96% |
| 2021-09-29 | Dividend | $0.52 | +0.97% |
| 2021-06-29 | Dividend | $0.52 | +4.04% |
| 2021-03-30 | Dividend | $0.50 | +1.43% |
| 2020-12-30 | Dividend | $0.49 | -- |
| 2020-09-29 | Dividend | $0.49 | -- |
| 2020-06-29 | Dividend | $0.49 | +2.74% |
| 2020-03-30 | Dividend | $0.48 | +1.06% |
| 2019-12-30 | Dividend | $0.47 | -- |
| 2019-09-27 | Dividend | $0.47 | +0.43% |
| 2019-06-27 | Dividend | $0.47 | +0.65% |
| 2019-03-28 | Dividend | $0.47 | +4.03% |
| 2018-12-28 | Dividend | $0.45 | +2.05% |
| 2018-09-27 | Dividend | $0.44 | +1.86% |
| 2018-06-28 | Dividend | $0.43 | +2.38% |
| 2018-03-28 | Dividend | $0.42 | -- |
| 2017-12-28 | Dividend | $0.42 | +6.33% |
| 2017-09-28 | Dividend | $0.40 | -- |
| 2017-06-28 | Dividend | $0.40 | +2.07% |
| 2017-03-29 | Dividend | $0.39 | -- |
| 2016-12-28 | Dividend | $0.39 | -- |
| 2016-09-28 | Dividend | $0.39 | +47.15% |
| 2016-06-28 | Dividend | $0.26 | -- |
MGP Dividends vs. Peers
MGP's dividend yield currently ranks #26 of 26 vs. its peers in the REITs - Hotel category.
Looking for More Information on MGP dividends?
Here are a few links from around the web to help you further your research on MGM Growth Properties LLC and its dividends:MGM Growth Properties LLC Common Stock (MGP) Dividend History | Nasdaq
Dividend History for MGM Growth Properties LLC (MGP) - Dividend Investor
MGM Growth Properties LLC (MGP) Dividend History - Seeking Alpha