MGP - You Can Now Believe In MGM Growth Properties: Stable And Growing 5.9% Dividend Yield
- MGP closed out 2020 with 100% rent collection and stable cash flows.
- Even after a leverage ramp up, the balance sheet is still in great shape.
- Shares trade at a generous 5.9% dividend yield in spite of MGM being a "top credit" tenant.
- I rate shares a buy with 23% upside.
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You Can Now Believe In MGM Growth Properties: Stable And Growing 5.9% Dividend Yield