MGM Growth Properties (MGP) Declares $0.42 Quarterly Dividend; 6.3% Yield

Go back to MGM Growth Properties (MGP) Declares $0.42 Quarterly Dividend; 6.3% Yield

MGM Growth Properties LLC Announces QUARTERLY DIVIDEND

March 15, 2018 8:45 AM EDT

LAS VEGAS, March 15, 2018 /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, including MGP, on March 30, 2018 of $0.42 per unit for the first quarter (which represents a dividend of $1.68 on an annualized basis).  Simultaneously, MGP's board of directors declared a quarterly cash dividend of $0.42 per Class A common share for the first quarter.  The dividends will be payable on April 13, 2018 to unit holders and shareholders of record as of the close of business on March... More