VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace.
| Revenue (TTM) | $4.04B |
| Gross Profit (TTM) | $4.01B |
| EBITDA | $3.99B |
| Operating Margin | 107.50% |
| Return on Equity | 11.30% |
| Return on Assets | 5.38% |
| Revenue/Share (TTM) | $3.79 |
| Book Value | $26.37 |
| Price-to-Book | 1.06 |
| Price-to-Sales (TTM) | 7.30 |
| EV/Revenue | 11.67 |
| EV/EBITDA | 11.77 |
| Quarterly Earnings Growth (YoY) | 60.10% |
| Quarterly Revenue Growth (YoY) | 3.50% |
| Shares Outstanding | $1.10B |
| Float | $1.06B |
| % Insiders | 0.28% |
| % Institutions | 98.38% |
Volatility is currently expanding
VICI Properties trades at a depressed 11.24x P/AFFO, well below its historical average, offering 36% potential upside on mean reversion. VICI maintains a fortress balance sheet with a conservative 35% leverage and a 4.0x interest coverage ratio, supporting investment-grade ratings. The 6.62% dividend yield is well-covered by a 73% AFFO payout ratio, with AFFO per share growing 4.5% year-over-year.
VICI's mission-critical assets, long-term leases, inflation-linked rents and investment-grade balance sheet support durable cash flows and dividend growth.
VICI Properties trades at a 5-year low despite robust AFFO growth, a 6.8% dividend yield, and a 7% dividend CAGR over the last 8 years. VICI maintains 136% dividend coverage with AFFO per share guidance raised to $2.44–$2.47, supporting a likely dividend hike by September. VICI's valuation at 10.9x AFFO and investment-grade rating are being overshadowed by market fears over its Caesars tenant concentration and the Fertitta buyout.
I present my top 10 high-yield dividend stocks for July 2026, emphasizing margin of safety, attractive valuations, and sustainable dividend growth. Names like PepsiCo, BB Seguridade, Novo Nordisk, and Rio Tinto offer undervaluation, robust yields, and strong profitability metrics, supporting both income and capital appreciation. Several picks, including VICI Properties and Canadian Natural Resources, combine high yields with above-average dividend growth rates and sector-leading financial health.
NEW YORK--(BUSINESS WIRE)---- $VICI--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that it will release its second quarter 2026 financial results on Wednesday July 29, 2026 after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Thursday, July 30, 2026 at 10:00 a.m. Eastern Time (ET). Conference Call and Webcast Please visit the VICI Properties website to listen to the earnings call via a live webcast.
NEW YORK--(BUSINESS WIRE)---- $VICI--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, today announced the completion of the previously announced transaction to acquire the real estate assets of Deerfoot Inn & Casino, Great Northern Casino and two limited-service hotels that are adjacent to the Great Northern Casino (collectively, the “Portfolio”) located in Alberta, Canada, for CAD$200.6 million / USD$144.4 million (the “Real Estate.
VICI's long-term leases, rent escalators and strong liquidity support steady growth, but tenant and Las Vegas concentration remain key risks.
VICI Properties (VICI) trades at its lowest P/AFFO multiple in 5+ years, despite continued AFFO per share growth and a 6.9% dividend yield. Market concerns over Las Vegas visitation and regional casino weakness are overstated; VICI maintains 100% rent collection and recently raised 2026 AFFO guidance. VICI's long-term master leases, CPI-linked escalators, and investment-grade balance sheet underpin resilient, predictable cash flows and double-digit operational returns.
VICI Properties offers exposure to trophy Las Vegas Strip real estate via long-term, triple-net leases with built-in rent escalators. The Fertitta acquisition of Caesars, VICI's largest tenant, could materially strengthen tenant credit quality and reduce perceived risk concentration. At $26.28, VICI trades at 10.7x AFFO with a 6.8% yield, below historical multiples, offering an attractive risk/reward profile.
Every month, we screen for dividend growth stocks, highlighting value and income opportunities with high safety, growth, and consistency quant grades. There are several blue-chip names that have populated near the top of the list as potential turnaround plays. We also have a small retail-focused REIT being brought up this month that could be an interesting potential acquisition target for larger players.
