MGM China Holdings Limited (OTCMKTS:MCHVY – Get Free Report)’s share price traded down 8.4% during mid-day trading on Friday . The company traded as low as $14.48 and last traded at $14.48. 4,061 shares traded hands during mid-day trading, an increase of 393% from the average session volume of 824 shares. The stock had previously closed at $15.81.
MGM China Trading Down 8.4 %
The company’s 50-day moving average is $16.44 and its 200-day moving average is $18.37.
MGM China Increases Dividend
The business also recently disclosed a dividend, which was paid on Friday, October 18th. Investors of record on Friday, September 13th were given a $0.4733 dividend. The ex-dividend date of this dividend was Friday, September 13th. This is a boost from MGM China’s previous dividend of $0.32. MGM China’s payout ratio is 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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