MGM Resorts International Dividends

The next dividend date for MGM Resorts International has not yet been scheduled.

What is a Dividend Date

When we talk about a dividend date, we’re referring specifically to the ex-dividend date.

This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.

The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.

Most brokerages will automatically credit the dividend to your account once it’s issued.

Historical Dividends for MGM Resorts International (MGM)

Date	Declaration Date	Record Date	Payment Date	Amount
12/08/2022	11/02/2022	12/09/2022	12/15/2022	$0.00
09/08/2022	08/03/2022	09/09/2022	09/15/2022	$0.00
06/09/2022	05/02/2022	06/10/2022	06/15/2022	$0.00
03/09/2022	02/09/2022	03/10/2022	03/15/2022	$0.00
12/09/2021	11/03/2021	12/10/2021	12/15/2021	$0.00
09/09/2021	08/04/2021	09/10/2021	09/15/2021	$0.00
06/09/2021	04/28/2021	06/10/2021	06/15/2021	$0.00
03/09/2021	02/10/2021	03/10/2021	03/15/2021	$0.00
12/09/2020	10/29/2020	12/10/2020	12/15/2020	$0.00
09/09/2020	07/30/2020	09/10/2020	09/15/2020	$0.00
06/09/2020	04/30/2020	06/10/2020	06/15/2020	$0.00
03/09/2020	02/12/2020	03/10/2020	03/16/2020	$0.15
12/09/2019	10/30/2019	12/10/2019	12/16/2019	$0.13
09/09/2019	07/25/2019	09/10/2019	09/16/2019	$0.13
06/07/2019	04/29/2019	06/10/2019	06/14/2019	$0.13
03/07/2019	02/13/2019	03/08/2019	03/15/2019	$0.13
12/07/2018	10/30/2018	12/10/2018	12/14/2018	$0.12
09/07/2018	08/02/2018	09/10/2018	09/14/2018	$0.12
06/07/2018	04/25/2018	06/08/2018	06/15/2018	$0.12
03/08/2018	02/19/2018	03/09/2018	03/15/2018	$0.12
12/08/2017	11/07/2017	12/11/2017	12/15/2017	$0.11
09/08/2017	07/26/2017	09/11/2017	09/15/2017	$0.11
06/07/2017	04/27/2017	06/09/2017	06/15/2017	$0.11
03/08/2017	02/16/2017	03/10/2017	03/15/2017	$0.11
02/08/2001	---	---	---	$0.05
02/08/2000	---	02/10/2000	03/01/2000	$0.03

More About MGM Resorts International

Website

https://www.mgmresorts.com

Country

USA

Full Time Employees

60,000

MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. The company operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. It operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. The company's casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.

Owning MGM Resorts International Stock on the Dividend Date

If you own MGM Resorts International stock on the ex-dividend date, then you earn the associated dividend.

Theoretically, the price of MGM Resorts International stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of MGM Resorts International stock).

Therefore, it is typically not expected that there is any incremental profit to be gained from buying MGM Resorts International stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the MGM Resorts International dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.

Owning MGM Resorts International Options on the Dividend Date

Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.

The reason is that in the time leading up to the ex-dividend date, that projected drop in MGM Resorts International stock price from the dividend is already baked into MGM Resorts International option prices.

That means the prices of call options that overlap the MGM Resorts International ex-dividend date typically go down in the period leading up to the ex-dividend date.

The prices of put options that overlap the MGM Resorts International ex-dividend date typically go up in the period leading up to the ex-dividend date.

Owners of MGM Resorts International call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of MGM Resorts International put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.

Learning More MGM Resorts International Dividends

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