VICI Properties Inc. (NYSE:VICI) Declares $0.45 Quarterly Dividend

VICI Properties Inc. (NYSE:VICI – Get Free Report) announced a quarterly dividend on Thursday, June 4th. Shareholders of record on Thursday, June 18th will be paid a dividend of 0.45 per share on Thursday, July 9th. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Thursday, June 18th.

VICI Properties has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. VICI Properties has a dividend payout ratio of 63.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect VICI Properties to earn $2.52 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 71.4%.

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VICI Properties Price Performance

Shares of NYSE:VICI opened at $27.18 on Friday. The business’s fifty day moving average price is $28.15 and its two-hundred day moving average price is $28.46. The stock has a market cap of $29.06 billion, a PE ratio of 9.31 and a beta of 0.65. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. VICI Properties has a one year low of $26.55 and a one year high of $34.01.

VICI Properties (NYSE:VICI – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.VICI Properties’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. On average, analysts forecast that VICI Properties will post 2.46 EPS for the current fiscal year.

About VICI Properties

(Get Free Report)

VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.

The company’s portfolio is concentrated in major U.S.

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