Does MGM Resorts International (MGM) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. MGM Resorts International (MGM) pays a dividend yielding about its stated rate as of July 2026, paid quarterly, four times a year. The latest payment on record was $0.0030 per share, ex-dividend December 8, 2022.. Figures are approximate and dated; verify the current number with your broker.
Does MGM Resorts International (MGM) pay a dividend?
Yes. MGM Resorts International distributes a dividend yielding roughly its stated rate as of July 2026, paid quarterly, four times a year. The most recent payment on record was $0.0030 per share, with an ex-dividend date of December 8, 2022.
Figures are approximate and tied to the asOf date; verify live numbers before acting. MGM is often valued on cash flow and adjusted EBITDA rather than simple earnings, partly because of its lease structure and buyback-driven share count. The key inputs are Las Vegas visitation and margins, the pace of Macau's recovery, and whether the digital arm converts revenue growth into durable profit, more than any single quarter's headline number.
MGM dividend at a glance
| 2022-12-08 | $0.003 |
| 2022-09-08 | $0.003 |
| 2022-06-09 | $0.003 |
| 2022-03-09 | $0.003 |
| 2021-12-09 | $0.003 |
| 2021-09-09 | $0.003 |
MGM dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with MGM's investor relations page before relying on it.
Is the MGM dividend covered?
We do not have a payout ratio on record for MGM. The payout ratio, the share of earnings paid out as dividends, is the usual first check on whether a dividend has room to keep growing; you can find it on MGM's investor relations page or in your broker's fundamentals tab.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the MGM dividend has changed
The latest payment of $0.0030 per share compares with $0.0030 in the equivalent payment a year earlier (December 9, 2021). That is a change of 0.0% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on MGM's investor relations page.
What MGM's dividend means for you
- Income: set by the yield, which moves with the share price.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for MGM the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How MGM dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the MGM dividend
MGM Resorts International (MGM) pays about its stated yield. For the full picture see the MGM guide. Walnut can show how MGM fits your real portfolio. It is not an investment adviser.
Investing in MGM Resorts International with AI
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FAQ
Does MGM Resorts International (MGM) pay a dividend?
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Yes. MGM Resorts International pays a dividend yielding roughly its current yield as of July 2026, paid quarterly, four times a year. The most recent payment on record was $0.0030 per share with an ex-dividend date of December 8, 2022. Yields move with the share price, so verify the current figure with your broker or MGM's investor relations page before relying on it.
What is MGM's dividend yield?
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About its current yield as of July 2026. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does MGM pay its dividend?
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MGM Resorts International pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of December 8, 2022. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on MGM's investor relations page, because boards can change both the amount and the timing.
When is MGM's ex-dividend date?
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The ex-dividend date recorded in our July 2026 data pull is December 8, 2022. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check MGM's investor relations page for the next confirmed date.
Has MGM Resorts International raised its dividend recently?
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Not in the last year. The latest payment of $0.0030 per share is unchanged from the $0.0030 paid a year earlier. A flat dividend is not necessarily a warning sign, but it does mean the income is losing ground to inflation.
Is MGM's dividend safe?
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We do not have a payout ratio on record for MGM. The payout ratio, the share of earnings paid out as dividends, is the usual first check on whether a dividend has room to keep growing; you can find it on MGM's investor relations page or in your broker's fundamentals tab. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
Are MGM dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest MGM dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each MGM payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does MGM pay a dividend?
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MGM has generally paid only a small dividend, so income is not the main reason most investors hold it. The company has instead returned cash mainly through share buybacks, which reduce the share count over time. Because the payout is modest, returns depend largely on the stock price and repurchases rather than dividend income. Always check the latest declared dividend before assuming any payout.
Walnut is informational, not investment advice. Dividend figures on this page come from a July 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with MGM's investor relations page or your broker before acting on them.