Vici Properties: A Strong Buy for Income Investors Ahead

Vici Properties, a notable REIT, showcases compelling prospects for investors as interest rates decline. Its attractive dividend yield and resilient portfolio make it an appealing option for those seeking stable long-term returns, according to a recent report.

Date: 19-11-2024

AI Rating: 7

Earnings Per Share (EPS): The report mentions that REITs, including Vici Properties, are not valued by EPS due to the continuous issuance of new shares for acquisitions. Instead, their performance is gauged through funds from operations (FFO).

Funds From Operations (FFO): Vici's adjusted funds from operations (AFFO) per share have grown at a steady compound annual growth rate (CAGR) of 8.5% from 2018 to 2023, illustrating stable earnings growth.

Adjusted EBITDA: Vici's adjusted EBITDA has also seen significant growth with a CAGR of 32%, indicating strong performance in its core operations.

Dividend Growth: The report highlights that Vici has consistently raised its dividend every year since it went public, showing commitment to returning at least 75% of its AFFO as dividends. This consistent growth in dividends is positioned to attract more income-focused investors as interest rates decline.

Overall, Vici Properties seems to present a sound investment opportunity, particularly for those interested in a steady income stream amidst declining interest rates. The combination of a solid portfolio, stable growth figures in AFFO and EBITDA, and reliable dividend payments enhances its attractiveness for potential investors.

Stocks: VICI CZR MGM PENN