MGM China Holdings Limited (OTCMKTS:MCHVY) Raises Dividend to $0.47 Per Share

MGM China Holdings Limited (OTCMKTS:MCHVY) announced a dividend on Wednesday, September 4th, NASDAQ reports. Shareholders of record on Friday, September 13th will be given a dividend of 0.4733 per share on Friday, October 18th. The ex-dividend date of this dividend is Friday, September 13th. This is a positive change from MGM China’s previous dividend of $0.32.

MGM China Trading Up 3.6 %

Shares of OTCMKTS:MCHVY traded up $0.56 on Wednesday, hitting $16.15. 166 shares of the company’s stock were exchanged, compared to its average volume of 886. MGM China has a 1-year low of $14.14 and a 1-year high of $21.26. The firm’s 50-day moving average is $18.21 and its 200 day moving average is $19.57.

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.