MGM Growth Properties Increases Quarterly Dividend To An Annualized Rate Of $2.06 Per Share LAS VEGAS , June 15, 2021 |PRNewswire| -- MGM Growth Properties LLC ("MGP") (NYSE: MGP ) today announced that its board of directors declared a quarterly cash dividend of $0.515 per Class A common share for the second quarter. On an annualized basis, the dividend of $2.06 represents an increase of $0.08 per share. This is the 13th dividend increase since MGP''s initial public offering in April 2016 . The dividend will be payable on July 15, 2021 to shareholders of record as of the close of business on June 30, 2021 . About MGM Growth Properties LLC MGM Growth Properties LLC (NYSE: MGP ) is one of the leading publicly traded real estate investment trusts engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts, whose diverse amenities include casino gaming, hotel, convention, dining, entertainment and retail offerings. MGP, together with its joint venture, currently owns a portfolio of properties, consisting of 12 premier destination resorts in Las Vegas and elsewhere across the United States , MGM Northfield Park in