MGM Growth Properties LLC ( MGP ) will begin trading ex-dividend on June 28, 2017. A cash dividend payment of $0.395 per share is scheduled to be paid on July 14, 2017. Shareholders who purchased MGP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.07% increase over prior dividend payment. At the current stock price of $29.53, the dividend yield is 5.35%.
The previous trading day's last sale of MGP was $29.53, representing a -0.39% decrease from the 52 week high of $29.64 and a 24.97% increase over the 52 week low of $23.63.
MGP is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). MGP's current earnings per share, an indicator of a company's profitability, is $1.1. Zacks Investment Research reports MGP's forecasted earnings growth in 2017 as 55.56%, compared to an industry average of .5%.