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

VICI Properties Inc. (NYSE:VICI) announced a quarterly dividend on Thursday, March 5th. Shareholders of record on Thursday, March 19th will be paid a dividend of 0.45 per share on Thursday, April 9th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Thursday, March 19th.

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 dividend payout ratio of 63.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect VICI Properties to earn $2.39 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 75.3%.

VICI Properties Trading Up 0.7%

Shares of NYSE:VICI opened at $28.63 on Tuesday. The company has a market capitalization of $30.60 billion, a PE ratio of 10.97, a P/E/G ratio of 3.26 and a beta of 0.67. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.59. VICI Properties has a 12-month low of $27.48 and a 12-month high of $34.01. The business’s fifty day simple moving average is $28.93 and its 200-day simple moving average is $29.88.

VICI Properties (NYSE:VICI) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter last year, the company earned $0.57 earnings per share. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. As a group, equities research analysts predict that VICI Properties will post 2.31 earnings per share for the current fiscal 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.