Credit: Shutterstock photoMGM Resorts International ( MGM ) will begin trading ex-dividend on March 08, 2018. A cash dividend payment of $0.12 per share is scheduled to be paid on March 15, 2018. Shareholders who purchased MGM prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 9.09% increase over prior dividend payment.
The previous trading day's last sale of MGM was $34.75, representing a -9.53% decrease from the 52 week high of $38.41 and a 38.17% increase over the 52 week low of $25.15.
MGM is a part of the Consumer Services sector, which includes companies such as Las Vegas Sands Corp. ( LVS ) and Marriott International ( MAR ). MGM's current earnings per share, an indicator of a company's profitability, is $3.4. Zacks Investment Research reports MGM's forecasted earnings growth in 2018 as 36.27%, compared to an industry average of 16%.
For more information on the declaration, record and payment dates, visit the MGM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to MGM through an Exchange Traded Fund [ETF]?
The following ETF(s) have MGM as a top-10 holding:
- Goldman Sachs Hedge Industry VIP ETF ( GVIP ).
The top-performing ETF of this group is GVIP with an increase of 6.38% over the last 100 days. It also has the highest percent weighting of MGM at 1.93%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.