Vici Properties reported Q2 AFFO growth, supporting its high-yield dividend and low-risk investment potential.
Vici Properties, a casino-focused REIT, boasts a robust financial foundation supporting its high-yield dividend (>5%). With strong Q2 results (5.9% rise in AFFO to $0.57/share), low dividend payout ratio, and diversified income sources, it presents a low-risk investment for passive income. Its existing relationships with operators, inflation-linked rents, and a strong balance sheet enable future growth and dividend increases.
August 03, 2024
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