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

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

VICI Properties has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 4 consecutive years. VICI Properties has a payout ratio of 63.4% indicating that its dividend is sufficiently covered by earnings. Equities 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%.

VICI Properties Trading Down 0.4%

Shares of NYSE:VICI opened at $27.18 on Friday. The stock has a market capitalization of $29.06 billion, a PE ratio of 9.31 and a beta of 0.65. VICI Properties has a 1 year low of $26.55 and a 1 year high of $34.01. The firm has a fifty day moving average price of $28.15 and a 200 day moving average price of $28.46. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59.

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

Institutional Trading of VICI Properties

Hedge funds have recently modified their holdings of the company. Bayban acquired a new stake in shares of VICI Properties during the fourth quarter worth approximately $25,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of VICI Properties during the first quarter worth approximately $25,000. State of Wyoming acquired a new stake in shares of VICI Properties during the second quarter worth approximately $26,000. Evolution Wealth Management Inc. acquired a new stake in shares of VICI Properties in the fourth quarter valued at approximately $28,000. Finally, Headlands Technologies LLC acquired a new stake in shares of VICI Properties in the second quarter valued at approximately $28,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

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.