MGM Growth Properties LLC Class A common shares representing limited liability company interests (MGP) Dividends

MGM Growth Properties LLC Class A common shares representing limited liability company interests (MGP): $41.64

1.26 (+3.12%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: REITs - Hotel


Ranked

of 19

in industry

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 Ex-Dividend Date
MGP Dividend Yield
5.09%
MGP Annual Dividend
$2.12
MGP Payout Ratio

MGP Price Forecast Based on Dividend Discount Model

Current PriceDDM 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 Chart


MGP Dividend History

Ex-Dividend Date Type Payout Amount Change
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MGP Dividends vs. Peers

MGP's dividend yield currently ranks #2 of 26 vs. its peers in the REITs - Hotel category.
Rank Symbol Name Dividend Yield
1 CHSP Chesapeake Lodging Trust Common Shares of Beneficial Interest 5.89%
2 MGP MGM Growth Properties LLC Class A common shares representing limited liability company interests 5.09%
3 VICI VICI Properties Inc. 4.71%
4 APLE Apple Hospitality REIT, Inc. Common Shares 4.00%
5 LHO LaSalle Hotel Properties 3.47%
6 FCH FelCor Lodging Trust Incorporated 3.32%
7 SUHJY Sun Hung Kai Properties Limited 2.37%
8 BHR Braemar Hotels & Resorts Inc. 0.85%
9 HST Host Hotels & Resorts, Inc. 0.75%
10 IHT InnSuites Hospitality Trust Shares of Beneficial Interest 0.74%
11 RLJ RLJ Lodging Trust Common Shares of Beneficial Interest $0.01 par value 0.35%
12 PK Park Hotels & Resorts Inc. 0.28%
13 PEB Pebblebrook Hotel Trust Common Shares of Beneficial Interest 0.23%
14 INN Summit Hotel Properties, Inc. 0.00%
15 AHT Ashford Hospitality Trust Inc 0.00%
16 DRH Diamondrock Hospitality Company 0.00%
17 CLDT Chatham Lodging Trust (REIT) Common Shares of Beneficial Interest 0.00%
18 SHO Sunstone Hotel Investors, Inc. Sunstone Hotel Investors, Inc. Common Shares 0.00%
19 CPLG CorePoint Lodging Inc. 0.00%
20 HT Hersha Hospitality Trust Class A Common Shares of Beneficial Interest 0.00%
21 XHR Xenia Hotels & Resorts, Inc. 0.00%
22 SOHO Sotherly Hotels Inc. 0.00%
23 CDOR Condor Hospitality Trust, Inc. 0.00%
24 RHP Ryman Hospitality Properties, Inc. (REIT) 0.00%
25 MGAWY Megaworld Corporation 0.00%
26 WTBDY Whitbread PLC 0.00%

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

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