MGM Resorts International (LTS:0JWC) 5-Year Dividend Growth Rate : 0.00% (As of Sep. 2024)

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What is MGM Resorts International 5-Year Dividend Growth Rate?

MGM Resorts International's Dividends per Share for the three months ended in Sep. 2024 was $0.00.

During the past 12 months, MGM Resorts International's average Dividends Per Share Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

MGM Resorts International's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00. As of today, MGM Resorts International's Dividend Yield % is 0.00%.

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

Competitive Comparison of MGM Resorts International's 5-Year Dividend Growth Rate

For the Resorts & Casinos subindustry, MGM Resorts International's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 5-Year Dividend Growth Rate Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where MGM Resorts International's 5-Year Dividend Growth Rate falls into.

MGM Resorts International 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

MGM Resorts International (LTS:0JWC) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

MGM Resorts International's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0	/	0.681
	=	0.00

During the past 13 years, the highest Dividend Payout Ratio of MGM Resorts International was 1.54. The lowest was 0.00. And the median was 0.13.

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

During the past 13 years, the highest Dividend Yield of MGM Resorts International was 5.71%. The lowest was 0.01%. And the median was 0.69%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MGM Resorts International 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of MGM Resorts International's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

MGM Resorts International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MGM Resorts International (LTS:0JWC) » Definitions » 5-Year Dividend Growth Rate

Comparable Companies

Traded in Other Exchanges

MGM:USA MGM:Mexico MGG:Germany MGG:Germany M1GM34:Brazil

Address

3600 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109

Website

https://www.mgmresorts.com

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 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). MGM's US sports and i-gaming 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. We estimate MGM will open a resort in Japan in 2030.

MGM Resorts International Headlines

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