MGM Growth Properties is a holding company. Through its operating partnership, MGM Growth Properties Operating Partnership LP, Co. is a real estate investment trust engaged in the acquisition, ownership and leasing of destination entertainment and leisure resorts, whose tenants generally provide amenities including casino gaming, hotel, convention, dining, entertainment and retail offerings. Co.'s portfolio, including properties owned by its joint venture, includes entertainment and gaming-related properties located on the Las Vegas Strip, and a dining and entertainment district located between New York-New York and Park MGM. Outside of Las Vegas, Co. also owns casino resort properties. The MGP average annual return since 2016 is shown above.
The Average Annual Return on the MGP average annual return since 2016 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether MGP average annual return since 2016 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the MGP average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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