VICI Stock Recent News

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With the Federal Reserve kickstarting a new rate-cutting cycle, dividend stocks have become even more attractive. On Wednesday, the Fed made a hefty 50 basis points cut, surprising many who had anticipated a more modest 25 basis point reduction.

Dividend stocks can provide stability during rough times like today.

“Let your winners run.” Most investors have heard that sage advice even if it is easier said than done.

The Federal Reserve is expected to cut interest rates, benefiting REITs, which have shown strong performance and offer attractive investment opportunities for long-term growth. NETSTREIT, Kite Realty, VICI Properties, and Plymouth Industrial are recommended buys due to their strong fundamentals, high-quality tenants, and solid balance sheets. REITs offer reliable dividends and potential for compounding returns, making them ideal for investors with 10–20 years until retirement.

NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”) an experiential real estate investment trust, today released its 2023-2024 Environmental Sustainability, Social Responsibility and Corporate Governance Report (“2023-2024 ESG Report”) highlighting VICI's progress with respect to its environmental, social and governance initiatives over the past twelve months. VICI's 2023-2024 ESG Report aligns with the Sustainability Accounting Standards Bo.

NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties”) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.4325 per share of common stock for the period from July 1, 2024 to September 30, 2024, representing an annualized amount of $1.73 per share and a 4.2% increase from the current dividend rate. The dividend will be payable on October 3, 2024 to stockholders of record as of the close of business on September 18, 2024. Abou.

VICI has already generated robust FQ2'24 performance metrics while raising their FY2024 guidance, with it implying a potentially rich dividend hike in FQ3'24. With the REIT already generating H1'24 AFFO growth at +6.6% YoY, we believe that the management's guidance is on the prudent side, with another beat and raise performance very likely. VICI has diversified its concentration risks to non-gaming sectors as well, with it exemplifying the management's confidence of generating profitable growth ahead.

Don't let VICI Properties Inc‘s VICI modest year-to-date gain of 0.4% fool you.

VICI Properties is a net lease REIT with a 5%-plus yield. The company saw revenue and net income growth in 2Q24, raised guidance, and made new investments. Despite some riskier moves into new segments, VICI remains a well-managed REIT with a solid valuation and upside potential.