MGM Growth Properties LLC announced that its board of directors declared a quarterly cash dividend of $0.515 per Class A common share for the second quarter. On an annualized basis, the dividend of $2.06 represents an increase of $0.08 per share. This is the 13th dividend increase since MGP's initial public offering in April 2016. The dividend will be payable on July 15, 2021 to shareholders of record as of the close of business on June 30, 2021.