MGM China Holdings Limited (OTCMKTS:MCHVY – Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $16.60 and traded as low as $15.62. MGM China shares last traded at $15.62, with a volume of 200 shares trading hands.
MGM China Price Performance
The business has a 50 day simple moving average of $16.57 and a 200 day simple moving average of $18.91.
MGM China Increases Dividend
The company also recently announced a dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, September 13th were paid a $0.4733 dividend. The ex-dividend date of this dividend was Friday, September 13th. This is an increase from MGM China’s previous dividend of $0.32. MGM China’s dividend payout ratio (DPR) 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.
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