MGM Growth Properties (MGP) Declares $0.3875 Quarterly Dividend; 6.4% Yield

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Go back to MGM Growth Properties (MGP) Declares $0.3875 Quarterly Dividend; 6.4% Yield

MGM Growth Properties LLC Announces Regular Quarterly Dividend

December 15, 2016 8:15 AM EST

LAS VEGAS, Dec. 15, 2016 /PRNewswire/ -- MGM Growth Properties LLC ("MGP") (NYSE: MGP) today announced that MGM Growth Properties Operating Partnership LP declared a cash distribution to all unit holders of record of $0.3875 per unit for the fourth quarter.  Simultaneously, MGP's board of directors declared a quarterly cash dividend of $0.3875 per Class A common share for the fourth quarter (which represents a dividend of $1.55 on an annualized basis).  The dividends will be payable on January 16, 2017 to unit holders and shareholders of record as of the close of business on December 30, 2016, as applicable.... More