VICI Stock Recent News

VICI Properties has proven that combining world-class real estate with experiences and vices is a winning business strategy. In recent years, Las Vegas has established itself as the world's premier entertainment destination. VICI's net leverage ratio remains within its targeted leverage ratio range.

REITs tend to pay high-yielding dividends. Many REITs routinely increase their payouts.

Although the stock market sits near its all-time high, not every sector participates in the bull market. Real estate is the worst-performing sector and the only one to show losses in 2024.

In the latest trading session, VICI Properties Inc. (VICI) closed at $28.11, marking a -0.32% move from the previous day.

With a focus on entertainment hotspots like Las Vegas, VICI Properties has strong financials and a 6% dividend yield. VICI's strategic diversification and long-term growth potential make it an attractive investment. Some investors have concerns with the REIT's poor performance since 2021. We have a different view.

Agree Realty has a long runway to continue growing its portfolio and high-yielding monthly dividend. Mid-America Apartment Communities expects rent growth to reaccelerate later this year and into 2025.

Despite the diversification thus far, gaming properties remain the core of VICI's portfolio as Vegas reports robust growth in gaming revenues and visitation numbers. This is also why the REIT has invested in Venetian, with the renovation works being mutually beneficial while generating a decent spread. If anything, VICI's overall cost of capital remains relatively low despite the elevated interest rate environment, with a profitable blended investment spread.

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 $0.415 per share of common stock for the period from April 1, 2024 to June 30, 2024. The dividend will be payable on July 3, 2024 to stockholders of record as of the close of business on June 18, 2024. About VICI Properties VICI Properties Inc. is an S&P 500® experiential real estate investment trust that owns one of t.

In this article, I list 3 stocks I think are great investments for millennial dividend investors looking to build an income-focused portfolio. All three are leaders in their respective industries and have track records of operational success that will likely continue for the long term. These 3 stocks are considered riskier investments as a result of their industries but offer investors dividend growth for the long term as a result of their well-covered dividends.

VICI Properties Inc. (VICI) closed at $28.38 in the latest trading session, marking a -1.15% move from the prior day.