VICI Properties Inc. (NYSE:VICI) Plans Quarterly Dividend of $0.46

Key Points

• VICI Properties raised its quarterly dividend 2.2% to $0.46 per share, payable October 8 to shareholders of record September 17. The annualized dividend implies a 7.2% yield.
• The dividend appears supported by earnings, with a current payout ratio of 63.4% and an expected future payout ratio of approximately 72.0%. VICI has increased its dividend for four consecutive years.
• In its latest quarter, revenue rose 5.7% year over year to $1.06 billion, but adjusted EPS of $0.62 missed analyst estimates of $0.71. Shares opened at $25.69, near the company’s one-year low of $25.34.

VICI Properties Inc. (NYSE:VICI - Get Free Report) declared a quarterly dividend on Thursday, September 3rd. Investors of record on Thursday, September 17th will be given a dividend of 0.46 per share on Thursday, October 8th. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date is Thursday, September 17th. This is a 2.2% increase from VICI Properties's previous quarterly dividend of $0.45.

VICI Properties has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 4 years. VICI Properties has a payout ratio of 63.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect VICI Properties to earn $2.50 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 72.0%.

VICI Properties Stock Performance

Shares of VICI stock opened at $25.69 on Friday. The company has a 50 day moving average price of $26.42 and a 200 day moving average price of $27.65. The firm has a market capitalization of $28.29 billion, a price-to-earnings ratio of 9.96 and a beta of 0.65. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.98 and a current ratio of 1.98. VICI Properties has a one year low of $25.34 and a one year high of $33.83.

VICI Properties (NYSE:VICI - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.71 by ($0.09). VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The firm had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $1.04 billion. During the same quarter in the previous year, the firm posted $0.60 EPS. The firm's revenue for the quarter was up 5.7% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Sell-side analysts anticipate that VICI Properties will post 2.46 EPS for the current year.

About VICI Properties

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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