VICI Properties Inc. (VICI) to Issue Quarterly Dividend of $0.45 on July 9th

VICI Properties Inc. (NYSE:VICI) declared a quarterly dividend on Thursday, June 4th. Stockholders of record on Thursday, June 18th will be paid 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 6.5%. 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 Stock Performance

Shares of VICI opened at $27.88 on Friday. The company has a 50-day simple moving average of $28.16 and a 200-day simple moving average of $28.45. 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 company has a market capitalization of $29.81 billion, a PE ratio of 9.55 and a beta of 0.65. VICI Properties has a 52-week low of $26.55 and a 52-week high of $34.01.

VICI Properties (NYSE:VICI) last announced 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. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The business’s revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Equities research analysts predict that VICI Properties will post 2.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On VICI Properties

A number of institutional investors and hedge funds have recently bought and sold shares of VICI. NewEdge Advisors LLC lifted its stake in VICI Properties by 204.4% in the 1st quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock valued at $1,226,000 after buying an additional 25,234 shares in the last quarter. Woodline Partners LP lifted its stake in shares of VICI Properties by 41.3% during the 1st quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock worth $2,905,000 after purchasing an additional 26,017 shares during the period. Jump Financial LLC lifted its stake in shares of VICI Properties by 45.0% during the 2nd quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock worth $867,000 after purchasing an additional 8,259 shares during the period. Treasurer of the State of North Carolina lifted its stake in shares of VICI Properties by 96.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company’s stock worth $31,843,000 after purchasing an additional 478,538 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of VICI Properties by 1.3% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company’s stock worth $6,860,000 after purchasing an additional 2,775 shares during the period. 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.