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

VICI Properties Inc. (NYSE:VICI) announced 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) 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 raised its dividend by an average of 0.1%annually over the last three years and has raised 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 Price Performance

Shares of NYSE VICI opened at $25.69 on Friday. The business has a fifty day moving average price of $26.42 and a two-hundred day moving average price of $27.65. The stock has a market capitalization of $28.29 billion, a PE ratio of 9.96 and a beta of 0.65. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.98 and a quick ratio of 1.98. VICI Properties has a fifty-two week low of $25.34 and a fifty-two week high of $33.83.

VICI Properties (NYSE:VICI) last issued its earnings results 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 net margin of 67.50% and a return on equity of 9.66%. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same period in the prior year, the business posted $0.60 EPS. The company’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. As a group, equities analysts predict that VICI Properties will post 2.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On VICI Properties

Several institutional investors have recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of VICI Properties by 3.4% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,699,040 shares of the company’s stock worth $284,060,000 after buying an additional 349,262 shares during the last quarter. Bank of America Corp DE boosted its position in shares of VICI Properties by 2.7% during the 1st quarter. Bank of America Corp DE now owns 27,948,502 shares of the company’s stock valued at $763,553,000 after acquiring an additional 734,068 shares during the last quarter. Rakuten Investment Management Inc. purchased a new position in VICI Properties in the second quarter worth about $4,858,000. Wilsey Asset Management Inc. increased its position in VICI Properties by 6.4% during the first quarter. Wilsey Asset Management Inc. now owns 1,101,451 shares of the company’s stock valued at $30,092,000 after acquiring an additional 65,853 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC grew its stake in shares of VICI Properties by 24.9% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 7,063,264 shares of the company’s stock valued at $198,619,000 after buying an additional 1,406,897 shares during the last quarter. Hedge funds and other institutional investors 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.