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MGM Growth Properties LLC (MGP) will raise its quarterly dividend by 1.9 percent to $0.395 per unit. The dividend will be payable on July 14, 2017 to holders of record as of the close of business on June 30, 2017.

MGM Growth Properties LLC is one of the leading publicly traded real estate investment trusts engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts, whose diverse amenities include casino gaming, hotel, convention, dining, entertainment and retail offerings.