VICI Properties Inc. (VICI) to Issue Quarterly Dividend of $0.46 on October 8th

VICI Properties Inc. (NYSE:VICI) declared a quarterly dividend on Thursday, September 3rd. Shareholders of record on Thursday, September 17th will be paid a dividend of 0.46 per share on Thursday, October 8th. This represents a c) dividend on an annualized basis 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 raised its dividend by an average of 0.1%annually 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% meaning its dividend is sufficiently covered by earnings. Equities analysts expect VICI Properties to earn $2.51 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 71.7%.

VICI Properties Price Performance

Shares of VICI Properties stock opened at $25.39 on Friday. VICI Properties has a 12-month low of $25.34 and a 12-month high of $33.82. The firm has a market cap of $27.96 billion, a PE ratio of 9.84 and a beta of 0.65. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.57. The company’s fifty day simple moving average is $26.39 and its two-hundred day simple moving average is $27.64.

VICI Properties (NYSE:VICI) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.62 earnings per share 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 business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the business posted $0.60 earnings per share. VICI Properties’s quarterly revenue 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. As a group, equities analysts expect that VICI Properties will post 2.46 EPS for the current year.

VICI Properties Company Profile

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.