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.
MGM Resorts International Dividend Announcement
• MGM Resorts International announced a quarterly dividend of $0.00 per ordinary share which will be made payable on 2022-12-15. Ex dividend date: 2022-12-08
• MGM Resorts International's trailing twelve-month (TTM) dividend yield is -%
MGM Resorts International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-12-08 | $0.00 | quarterly | 2022-12-15 |
2022-09-08 | $0.00 | quarterly | 2022-09-15 |
2022-06-09 | $0.00 | quarterly | 2022-06-15 |
2022-03-09 | $0.00 | quarterly | 2022-03-15 |
2021-12-09 | $0.00 | quarterly | 2021-12-15 |
2021-09-09 | $0.00 | quarterly | 2021-09-15 |
2021-06-09 | $0.00 | quarterly | 2021-06-15 |
2021-03-09 | $0.00 | quarterly | 2021-03-15 |
2020-12-09 | $0.00 | quarterly | 2020-12-15 |
2020-09-09 | $0.00 | quarterly | 2020-09-15 |
2020-06-09 | $0.00 | quarterly | 2020-06-15 |
2020-03-09 | $0.15 | quarterly | 2020-03-16 |
2019-12-09 | $0.13 | quarterly | 2019-12-16 |
2019-09-09 | $0.13 | quarterly | 2019-09-16 |
2019-06-07 | $0.13 | quarterly | 2019-06-14 |
2019-03-07 | $0.13 | quarterly | 2019-03-15 |
2018-12-07 | $0.12 | quarterly | 2018-12-14 |
2018-09-07 | $0.12 | quarterly | 2018-09-14 |
2018-06-07 | $0.12 | quarterly | 2018-06-15 |
2018-03-08 | $0.12 | quarterly | 2018-03-15 |
2017-12-08 | $0.11 | quarterly | 2017-12-15 |
2017-09-08 | $0.11 | quarterly | 2017-09-15 |
2017-06-07 | $0.11 | quarterly | 2017-06-15 |
2017-03-08 | $0.11 | quarterly | 2017-03-15 |
2001-02-08 | $0.10 | quarterly | |
2000-02-08 | $0.10 | quarterly | 2000-03-01 |
MGM Resorts International Dividend per year
MGM Resorts International Dividend growth
MGM Resorts International Dividend Yield
MGM Resorts International current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing MGM Resorts International stock? Use our calculator to estimate your expected dividend yield:
MGM Resorts International Financial Ratios
MGM Resorts International Dividend FAQ
Other factors to consider when evaluating MGM Resorts International as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: MGM Resorts International's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, MGM Resorts International publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, MGM Resorts International distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from MGM Resorts International are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: MGM Resorts International sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, MGM Resorts International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MGM Resorts International declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of MGM Resorts International's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review MGM Resorts International's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.