MGM Resorts International (MGM) Dividends
Dividend Yield and Dividend History Highlights
- As for its free cash flow/dividend ratio, MGM's comes in at 289.05 -- better than 99.35% of other US-listed dividend issuers.
- Currently, MGM generates more cash flow over the 12 months prior than merely 2.21% of US dividend stocks.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with MGM that may be suitable potential portfolio mates: RGLD, WEN, SPNS, K and COST.
MGM Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $46.43 | $0.17 | -99.61% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of MGM, the DDM model, as implemented by StockNews, implies a negative return of 99.61% relative to its current price. To help understand and contextualize the model's evaluation of MGM, investors may wish to consider are:
- Compared to other US stocks that pay a dividend, MGM Resorts International produces a dividend yield 0.02% -- which falls in the bottom 0.06%.
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for MGM, approximately 4.57% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
- MGM's market cap of approximately $19 billion makes it a large-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than just 0% of them.
MGM Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2022-12-08 | Dividend | $0.00 | -- |
| 2022-09-08 | Dividend | $0.00 | -- |
| 2022-06-09 | Dividend | $0.00 | -- |
| 2022-03-09 | Dividend | $0.00 | -- |
| 2021-12-09 | Dividend | $0.00 | -- |
| 2021-09-09 | Dividend | $0.00 | -- |
| 2021-06-09 | Dividend | $0.00 | -- |
| 2021-03-09 | Dividend | $0.00 | -- |
| 2020-12-09 | Dividend | $0.00 | -- |
| 2020-09-09 | Dividend | $0.00 | -- |
| 2020-06-09 | Dividend | $0.00 | -98.67% |
| 2020-03-09 | Dividend | $0.15 | +15.38% |
| 2019-12-09 | Dividend | $0.13 | -- |
| 2019-09-09 | Dividend | $0.13 | -- |
| 2019-06-07 | Dividend | $0.13 | -- |
| 2019-03-07 | Dividend | $0.13 | +8.33% |
| 2018-12-07 | Dividend | $0.12 | -- |
| 2018-09-07 | Dividend | $0.12 | -- |
| 2018-06-07 | Dividend | $0.12 | -- |
| 2018-03-08 | Dividend | $0.12 | +9.09% |
| 2017-12-08 | Dividend | $0.11 | -- |
| 2017-09-08 | Dividend | $0.11 | -- |
| 2017-06-07 | Dividend | $0.11 | -- |
| 2017-03-08 | Dividend | $0.11 | +120.00% |
| 2005-05-19 | Split | 2-1-for-1 Stock Split | N/A |
| 2001-02-08 | Dividend | $0.10 | +100.00% |
| 2000-02-28 | Split | 2-1-for-1 Stock Split | N/A |
| 2000-02-08 | Dividend | $0.10 | -- |
MGM Dividends vs. Peers
MGM's dividend yield currently ranks #2 of 43 vs. its peers in the Entertainment - Casinos/Gambling category.
Looking for More Information on MGM dividends?
Want to see what other sources are saying about MGM Resorts International's dividends? Try the links below:MGM Resorts International Common Stock (MGM) Dividend History | Nasdaq
Dividend History for MGM Resorts International (MGM) - Dividend Investor
MGM Resorts International (MGM) Dividend History - Seeking Alpha