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MGM Resorts International (MGM Resorts International) Forward Dividend Yield % : 0.00% (As of Apr. 30, 2024)


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What is MGM Resorts International Forward Dividend Yield %?

As of today (2024-04-30), the Forward Annual Dividend Yield of MGM Resorts International is 0.00%.

As of today (2024-04-30), the Trailing Annual Dividend Yield of MGM Resorts International is 0.00%.

MGM's Forward Dividend Yield % is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.41
* Ranked among companies with meaningful Forward Dividend Yield % only.

MGM Resorts International's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, MGM Resorts International's average Dividends Per Share Growth Rate was -100.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MGM Resorts International was -28.90% per year. The lowest was -73.20% per year. And the median was -72.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of MGM Resorts International's Forward Dividend Yield %

For the Resorts & Casinos subindustry, MGM Resorts International's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MGM Resorts International's Forward Dividend Yield % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MGM Resorts International's Forward Dividend Yield % falls into.



MGM Resorts International Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


MGM Resorts International  (NYSE:MGM) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


MGM Resorts International Forward Dividend Yield % Related Terms

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MGM Resorts International (MGM Resorts International) Business Description

Traded in Other Exchanges
Address
3600 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 74% of total EBITDAR in 2022. MGM also owns U.S. regional assets, which represented 31% of 2022 EBITDAR (MGM's Macao EBITDAR was negative in 2022). MGM's U.S. sports and iGaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2030.
Executives
John Mcmanus officer: SVP ASST GEN COUNSEL ASST SCY 3600 LAS VEGAS BLVD, S., EXECUTIVE OFFICES, LAS VEGAS NV 89119
Sanders Corey Ian officer: COO Core Brands 3950 LAS VEGAS BLVD., S., LAS VEGAS NV 89119
Daniel J Taylor director 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
Keith A. Meister director C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
Alexis Herman director 3950 LAS VEGAS BLVD. S., LAS VEGAS NV 89119
Ben Winston director 3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109
Rose Mckinney-james director 3950 LAS VEGAS BLVD. S., LAS VEGAS NV 89119
William Hornbuckle officer: Chief Marketing Officer 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Mary Christine Gay director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Gary M Fritz officer: President, Interactive C/O EXPEDIA INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Janet Swartz director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Ac/interactivecorp 10 percent owner 555 WEST 18TH STREET, NEW YORK NY 10011
Paul J Salem director 50 KENNEDY PLAZA, 18TH FLOOR, PROVIDENCE RI 02903
Todd Meinert officer: SVP Financial Reporting 3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109
Tilak Mandadi officer: CSITO 3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109