VICI Properties Inc (VICI) Increases Dividend to $0.29 Per Share
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.
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.
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