VICI Properties Inc. (VICI) To Go Ex-Dividend on March 19th

VICI Properties Inc. (NYSE:VICI) declared a quarterly dividend on Thursday, March 5th. Stockholders of record on Thursday, March 19th will be paid a dividend of 0.45 per share on Thursday, April 9th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Thursday, March 19th.

VICI Properties has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 4 years. VICI Properties has a payout ratio of 63.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect VICI Properties to earn $2.39 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 75.3%.

VICI Properties Stock Up 0.7%

VICI opened at $28.63 on Tuesday. The business has a 50 day moving average of $28.93 and a 200-day moving average of $29.88. The stock has a market capitalization of $30.60 billion, a price-to-earnings ratio of 10.97, a P/E/G ratio of 3.26 and a beta of 0.67. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.59. VICI Properties has a 1-year low of $27.48 and a 1-year high of $34.01.

VICI Properties (NYSE:VICI) last announced its earnings results on Wednesday, February 25th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.01 billion. VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The company’s revenue was up 3.8% compared to the same quarter last year. During the same period last year, the firm posted $0.57 EPS. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. As a group, sell-side analysts anticipate that VICI Properties will post 2.31 earnings per share for the current year.

Hedge Funds Weigh In On VICI Properties

Hedge funds have recently made changes to their positions in the business. VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in VICI Properties by 2.4% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 3,466,757 shares of the company’s stock worth $113,051,000 after acquiring an additional 81,300 shares in the last quarter. Swedbank AB lifted its holdings in shares of VICI Properties by 4.0% during the third quarter. Swedbank AB now owns 4,874,730 shares of the company’s stock valued at $158,965,000 after acquiring an additional 188,690 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of VICI Properties by 5.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,381,529 shares of the company’s stock valued at $77,638,000 after purchasing an additional 122,796 shares in the last quarter. Citigroup Inc. boosted its stake in shares of VICI Properties by 117.1% in the 3rd quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock valued at $102,287,000 after purchasing an additional 1,691,653 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its holdings in shares of VICI Properties by 11.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 27,986,645 shares of the company’s stock worth $912,644,000 after purchasing an additional 2,937,039 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

About VICI Properties

VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.

The company’s portfolio is concentrated in major U.S.