VICI Properties Inc. (VICI) To Go Ex-Dividend on September 17th

VICI Properties Inc. (NYSE:VICI) declared a quarterly dividend on Thursday, September 3rd. Stockholders 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 dividend yield of 7.4%. 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 payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 4 years. VICI Properties has a payout ratio of 64.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect VICI Properties to earn $2.51 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 73.3%.

VICI Properties Price Performance

Shares of VICI stock opened at $25.01 on Tuesday. The firm has a fifty day simple moving average of $26.18 and a 200-day simple moving average of $27.42. The company has a market capitalization of $27.54 billion, a PE ratio of 9.70 and a beta of 0.65. VICI Properties has a twelve month low of $24.66 and a twelve month high of $33.24. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.09). The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. VICI Properties had a return on equity of 9.66% and a net margin of 67.50%.The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $0.60 EPS. VICI Properties has set its FY 2026 guidance at 2.450-2.470 EPS. Equities research analysts anticipate that VICI Properties will post 2.46 earnings per share for the current fiscal year.

About VICI Properties

VICI Properties, Inc (NYSE: VICI) is a real estate investment trust focused on experiential properties, particularly gaming, hospitality and entertainment destinations. The company owns the real estate associated with properties such as casinos, resorts and golf facilities, while operating partners manage the day-to-day businesses.

VICI’s portfolio includes prominent gaming and resort assets in Las Vegas and regional markets throughout the United States, as well as properties in Canada.