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

VICI Properties Inc. (NYSE:VICI) declared 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) annualized dividend and a 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 every year for the last 4 years. VICI Properties has a dividend payout ratio of 63.4% meaning its dividend is sufficiently covered by earnings. Equities 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 VICI stock opened at $27.18 on Friday. VICI Properties has a 12 month low of $26.55 and a 12 month high of $34.01. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. The business’s 50 day moving average is $28.15 and its two-hundred day moving average is $28.46. The company has a market cap of $29.06 billion, a PE ratio of 9.31 and a beta of 0.65.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.71 by $0.11. VICI Properties had a return on equity of 11.05% and a net margin of 76.83%.The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the company posted $0.58 earnings per share. The company’s revenue for the quarter 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. Equities analysts predict 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.