MGM Growth Properties intends to pay regular quarterly distributions to holders of its shares.
MGM Growth Properties currently expects that the regular quarterly distribution rate will be $0.4700 per share, or $1.88 per share on an annualized basis. However, the declaration and payment of future dividends will be at the sole discretion of MGM Growth Properties ’s board of directors and will depend upon many factors, including its financial condition, earnings, legal requirements, restrictions in its senior secured credit facility and the indenture governing its debt securities and other factors the its board of directors deems relevant. There can be no assurance that MGM Growth Properties will be able to make distributions to its shareholders or maintain its anticipated level of distributions over time.