"The $0.45 per share payment marks the eighth consecutive annual dividend increase since VICI's 2018 IPO. The most recent raise represented a 4.0% year-over-year increase from the prior quarterly rate of $0.4325 per share."
"For REITs, adjusted funds from operations (AFFO) is the relevant metric for assessing dividend sustainability, not GAAP earnings. On that measure, VICI's dividend is well-covered."
"In the last twelve months, we have grown our aggregate AFFO by 7.4% while only growing our share count by 2.1%, highlighting the efficiency of our business model."
VICI Properties recently paid a quarterly dividend of $0.45 per share, marking its eighth consecutive annual increase since its 2018 IPO. The annualized dividend of $1.80 per share results in a trailing yield of about 6.3%, significantly higher than the average for the REIT sector. The company's adjusted funds from operations (AFFO) guidance for 2026 indicates strong dividend coverage, with a payout ratio that aligns with investment-grade standards. Recent AFFO growth demonstrates operational efficiency and a commitment to returning capital to shareholders.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]