How VICI Properties (VICI) Enhances a Portfolio of REIT Dividend Stocks

VICI Properties Inc. (NYSE:VICI) is included among the 12 Best REIT Dividend Stocks to Buy Now.

VICI Properties Inc. (NYSE:VICI) is a real estate investment trust with expertise in gaming, hospitality, and experiential properties, targeting ownership, acquisition, and financing in these segments. It pays out about 75% of its adjusted funds from operations (FFO), enabling it to reinvest a significant amount of its consistently expanding cash flow into new income-generating experiential properties. Its dividend is especially attractive to income-oriented investors, with the latest 4% hike taking the quarterly distribution to $0.45 per share. It is the eighth year in a row that dividends have increased, solidifying its position as one of the best dividend stocks in the REIT sector.

VICI Properties Inc. (NYSE:VICI) is also supported by a sound investment-grade balance sheet, bolstered by a conservatively stated leverage ratio of 5.2 times, which is at the lower end of its 5.0 to 5.5 target range. This conservatively stated financial position gives the company further flexibility in pursuing new investments.

The combination of stable cash flows and conservative financial management provides VICI Properties Inc. (NYSE:VICI) with a solid foundation for maintaining its high-yield dividend far into the future. The stock has a dividend yield of 5.47%, as of October 1.

While we acknowledge the potential of VICI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.