MGM RESORTS INTERNATIONAL
MGMMGM Resorts International is a global entertainment and hospitality company known for its luxury and premium casinos, resorts, and entertainment experiences. Founded in 1987 and headquartered in Las Vegas, the company operates a portfolio of notable properties across the United States and internationally, offering gaming, hospitality, live entertainment, and dining services. MGM Resorts is recognized for its flagship properties on the Las Vegas Strip, including MGM Grand, Bellagio, and Mandalay Bay.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 15, 2022 | $0.00 | 2022-12-08 | 2022-12-09 |
| September 15, 2022 | $0.00 | 2022-09-08 | 2022-09-09 |
| June 15, 2022 | $0.00 | 2022-06-09 | 2022-06-10 |
| March 15, 2022 | $0.00 | 2022-03-09 | 2022-03-10 |
| December 15, 2021 | $0.00 | 2021-12-09 | 2021-12-10 |
Dividends Summary
- Consistent Payer: MGM RESORTS INTERNATIONAL has rewarded shareholders with 25 dividend payments over the past 18 years.
- Total Returned Value: Investors who held MGM shares during this period received a total of $9.62 per share in dividend income.
- Latest Payout: The most recent dividend of $0.00/share was paid 1311 days ago, on December 15, 2022.
- Yield & Schedule: MGM currently pays dividends quarterly with an annual yield of 0.02%.
- Dividend Growth: Since 2004, the dividend payout has decreased by 100.0%, from $8.00 to $0.00.
- Dividend Reliability: MGM has maintained or increased its dividend for 11 consecutive payments.
Company News
The article compares Airbnb and MGM Resorts International as travel investment options for 2026. Airbnb operates a global asset-light marketplace with strong cash flow and lower debt, while MGM relies on physical casino properties with higher leverage. Despite MGM's cheaper valuation, the author recommends Airbnb due to its scalable business mode...
Penn Entertainment stock has surged 48.3% year-to-date and could extend gains in H2 2026 due to three factors: resilient regional casino operations with recent property enhancements, improving digital gaming losses expected to narrow from $268M to $20M, and industry consolidation benefiting smaller players as larger competitors face takeover offe...
The 48th NYU International Hospitality Investment Forum drew over 2,500 attendees including 700+ equity investors managing $723B in hotel assets. Industry leaders from major hospitality companies discussed market trends and strategies. Key announcements included Hilton's new Undergraduate brand, upgraded RevPAR projections for 2026, and MGM Resor...
Cybersecurity expert Scott Alldridge released 'VisibleOps: The Anatomy of Cybersecurity Breaches,' arguing that most major data breaches result from governance and operational failures rather than technology weaknesses. The book analyzes high-profile incidents including MGM Resorts, Colonial Pipeline, Equifax, Target, SolarWinds, and Maersk, emph...
MGM Resorts and Caesars Entertainment are compared as investment options in the casino industry. MGM focuses on luxury destinations with global expansion, particularly in Macao, while Caesars operates 52 domestic properties with a strong loyalty program. MGM shows better financial health with lower debt and higher profitability, though both compa...
