VICI Stock Recent News

I recommend diversifying your REIT portfolio with at least 10 REITs, highlighting VICI Properties, Camden Property Trust, and Broadstone Net Lease as buys. VICI Properties stands out for its iconic trophy assets on the Las Vegas Strip and a strong management team, despite tenant concentration risks. Camden Property Trust offers a well-diversified multifamily portfolio, primarily in sunbelt markets, and is poised for growth as new supply peaks in 2024.

VICI Properties and Rexford Industrial Realty offer strong upside potential over the next 12-24 months despite recent market undervaluation and volatility. VICI's fundamentals are robust, with significant AFFO and revenue growth, a solid balance sheet, and a favorable dividend payout ratio. Rexford Industrial Realty, though less popular, shows resilience with strong AFFO growth, a solid balance sheet, and higher dividend growth compared to VICI.

VICI Properties is one of the top REITs in my portfolio. Since my initial bullish coverage on Seeking Alpha, VICI's stock price has risen 13.9%, resulting in a 17.1% total return. My long-term investment in VICI has been rewarding, with consistent additions to my position over the years.

These companies offer high-yielding and steadily rising dividends.

NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that it will release its third quarter 2024 financial results on Thursday, October 31, 2024 after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Friday, November 1, 2024 at 10:00 a.m. Eastern Time (ET). Conference Call and Webcast The conference call can be accessed by dialing +1 833-470-1428 (domestic) or +1 929-526.

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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.