MGM China Holdings Limited (OTCMKTS:MCHVY – Get Free Report) dropped 8.4% during mid-day trading on Friday . The company traded as low as $14.48 and last traded at $14.48. Approximately 4,061 shares were traded during trading, an increase of 393% from the average daily volume of 824 shares. The stock had previously closed at $15.81.
MGM China Stock Down 8.4 %
The stock’s 50 day simple moving average is $16.44 and its two-hundred day simple moving average is $18.37.
MGM China Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, September 13th were given a dividend of $0.4733 per share. This is a boost from MGM China’s previous dividend of $0.32. The ex-dividend date of this dividend was Friday, September 13th. MGM China’s dividend payout ratio is currently 91.87%.
MGM China Company Profile
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.
Read More
- Five stocks we like better than MGM China
- Differences Between Momentum Investing and Long Term Investing
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Freeport-McMoRan, Copper Demand Short-Term Pain, Long-Term Gain
- Most Volatile Stocks, What Investors Need to Know
- Time to Load Up on Home Builders?
Receive News & Ratings for MGM China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MGM China and related companies with MarketBeat.com's FREE daily email newsletter.
