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MGM Growth Properties Raises Quarterly Dividend for Ninth Consecutive Quarter

REIT Increases Dividend by 0.5% from Prior Quarter
MGM Growth Properties' (NYSE: MGP) portfolio includes Mandalay Bay Hotel and Casino in Las Vegas, pictured above, and Empire City Casino in New York City. (CoStar)
MGM Growth Properties' (NYSE: MGP) portfolio includes Mandalay Bay Hotel and Casino in Las Vegas, pictured above, and Empire City Casino in New York City. (CoStar)
By Hannah Attia
CoStar Research
October 14, 2019 | 6:21 P.M.

Stockholders of MGM Growth Properties, a real estate investment trust that owns casinos and other destination entertainment resorts, will receive a dividend of $0.47 per share, or $1.88 annually, on October 15, 2019.

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