MGM China Holdings Limited (OTCMKTS:MCHVY) to Issue Dividend of $0.32

MGM China Holdings Limited (OTCMKTS:MCHVY) announced a dividend on Friday, May 24th, NASDAQ reports. Investors of record on Friday, June 7th will be given a dividend of 0.3175 per share on Friday, July 5th. The ex-dividend date of this dividend is Friday, June 7th. This is a boost from MGM China’s previous dividend of $0.14.

MGM China Price Performance

Shares of MGM China stock opened at $21.16 on Friday. The business has a 50 day simple moving average of $20.75 and a two-hundred day simple moving average of $17.84. MGM China has a 12 month low of $11.94 and a 12 month high of $21.26.

About MGM China

MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as provides hotel management services; and develops integrated resorts in Macau.