MGM - NYSE
MGM Resorts International
$48.30
-0.12%MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
At a Glance
Live SnapshotMGM Resorts International Dividend History
MGM Dividend Payment History
Total Payments
25
Latest Dividend
$0.0020
Annual Amount
$0.0125
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Nov 2, 2022 | Dec 9, 2022 | Dec 15, 2022 | $0.0020 | $0.0020 | Quarterly | 0.00% |
Aug 3, 2022 | Sep 9, 2022 | Sep 15, 2022 | $0.0020 | $0.0020 | Quarterly | 0.00% |
May 2, 2022 | Jun 10, 2022 | Jun 15, 2022 | $0.0020 | $0.0020 | Quarterly | 0.00% |
Feb 9, 2022 | Mar 10, 2022 | Mar 15, 2022 | $0.0020 | $0.0020 | Quarterly | 0.00% |
Nov 3, 2021 | Dec 10, 2021 | Dec 15, 2021 | $0.0020 | $0.0020 | Quarterly | 0.00% |
Aug 4, 2021 | Sep 10, 2021 | Sep 15, 2021 | $0.0020 | $0.0020 | Quarterly | 0.00% |
Apr 28, 2021 | Jun 10, 2021 | Jun 15, 2021 | $0.0020 | $0.0020 | Quarterly | 0.00% |
Feb 10, 2021 | Mar 10, 2021 | Mar 15, 2021 | $0.0020 | $0.0020 | Quarterly | 0.00% |
Oct 29, 2020 | Dec 10, 2020 | Dec 15, 2020 | $0.0020 | $0.0020 | Quarterly | 0.00% |
Jul 30, 2020 | Sep 10, 2020 | Sep 15, 2020 | $0.0020 | $0.0020 | Quarterly | 0.00% |
Apr 30, 2020 | Jun 10, 2020 | Jun 15, 2020 | $0.0020 | $0.0020 | Quarterly | -98.67% |
Feb 12, 2020 | Mar 10, 2020 | Mar 16, 2020 | $0.1500 | $0.1500 | Quarterly | +15.38% |
Oct 30, 2019 | Dec 10, 2019 | Dec 16, 2019 | $0.1300 | $0.1300 | Quarterly | 0.00% |
Jul 25, 2019 | Sep 10, 2019 | Sep 16, 2019 | $0.1300 | $0.1300 | Quarterly | 0.00% |
Apr 29, 2019 | Jun 10, 2019 | Jun 14, 2019 | $0.1300 | $0.1300 | Quarterly | 0.00% |
Feb 13, 2019 | Mar 8, 2019 | Mar 15, 2019 | $0.1300 | $0.1300 | Quarterly | +8.33% |
Oct 30, 2018 | Dec 10, 2018 | Dec 14, 2018 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Aug 2, 2018 | Sep 10, 2018 | Sep 14, 2018 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Apr 25, 2018 | Jun 8, 2018 | Jun 15, 2018 | $0.1200 | $0.1200 | Quarterly | 0.00% |
Feb 19, 2018 | Mar 9, 2018 | Mar 15, 2018 | $0.1200 | $0.1200 | Quarterly | +9.09% |
Nov 7, 2017 | Dec 11, 2017 | Dec 15, 2017 | $0.1100 | $0.1100 | Quarterly | 0.00% |
Jul 27, 2017 | Sep 11, 2017 | Sep 15, 2017 | $0.1100 | $0.1100 | Quarterly | 0.00% |
Apr 27, 2017 | Jun 9, 2017 | Jun 15, 2017 | $0.1100 | $0.1100 | Quarterly | 0.00% |
Feb 16, 2017 | Mar 10, 2017 | Mar 15, 2017 | $0.1100 | $0.1100 | Quarterly | +340.00% |
Dec 13, 1999 | Feb 10, 2000 | Mar 1, 2000 | $0.1000 | $0.0250 | Quarterly | - |
MGM Resorts International Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Sustainability
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
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