VICI Properties Inc (NYSE:VICI) declared a quarterly dividend on Tuesday, September 18th, Wall Street Journal reports. Shareholders of record on Friday, September 28th will be given a dividend of 0.2875 per share on Thursday, October 11th. This represents a $1.15 dividend on an annualized basis and a yield of 5.32%. The ex-dividend date is Thursday, September 27th. This is a positive change from VICI Properties’s previous quarterly dividend of $0.26.

Shares of VICI traded up $0.08 during midday trading on Tuesday, hitting $21.60. 3,465,118 shares of the stock traded hands, compared to its average volume of 2,736,226. VICI Properties has a 1-year low of $17.58 and a 1-year high of $22.99. The company has a debt-to-equity ratio of 0.67, a current ratio of 152.87 and a quick ratio of 152.87.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Thursday, August 2nd. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.01. The firm had revenue of $221.00 million for the quarter, compared to analyst estimates of $214.19 million. analysts expect that VICI Properties will post 1.5 earnings per share for the current year.

A number of equities research analysts recently weighed in on VICI shares. Morgan Stanley lifted their price objective on shares of VICI Properties from $22.00 to $23.00 and gave the company a “hold” rating in a research note on Tuesday, July 24th. Zacks Investment Research upgraded shares of VICI Properties from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research note on Friday, June 22nd. Citigroup started coverage on shares of VICI Properties in a research note on Thursday, August 2nd. They set a “neutral” rating and a $22.00 price objective on the stock. Credit Suisse Group started coverage on shares of VICI Properties in a research note on Tuesday, August 14th. They set an “outperform” rating and a $24.00 price objective on the stock. Finally, Wells Fargo & Co started coverage on shares of VICI Properties in a research note on Wednesday, July 11th. They set a “market perform” rating and a $22.00 price objective on the stock. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $22.27.

About VICI Properties

VICI Properties Inc, an asset real estate investment trust, owns, acquires, and develops gaming, hospitality, and entertainment destinations in the United States. It operates through two segments, Real Property Business and Golf Course Business. The company's property portfolio includes 20 gaming facilities comprising approximately 36 million square feet, as well as approximately 14,500 hotel rooms, 150 restaurants, bars, and nightclubs.

Featured Article: Discover Your Risk Tolerance

Receive News & Ratings for VICI Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VICI Properties and related companies with MarketBeat.com's FREE daily email newsletter.