MGM Growth Properties (MGP) Declares $0.3875 Quarterly Dividend; 6.1% Yield
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MGM Growth Properties LLC Announces Quarterly Dividend
March 15, 2017 8:30 AM EDTLAS VEGAS, March 15, 2017 /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 on March 31, 2017 of $0.3875 per unit for the first quarter. Simultaneously, MGP's board of directors declared a quarterly cash dividend of $0.3875 per Class A common share for the first quarter (which represents a dividend of $1.55 on an annualized basis). The dividends will be payable on April 13, 2017 to unit holders and shareholders of record as of the close of business on March 31, 2017,... More
