VICI Properties Inc.'s strong fundamentals, robust liquidity, and a 5.5% dividend yield make it a solid bet during market uncertainty despite potential selling pressure from a slowing economy. Q1 performance showed solid AFFO growth and revenue beat, but FFO declined due to a $80 million CECL allowance, raising concerns about future growth. VICI's balance sheet optimization led to investment-gr...
Scale is a critical competitive advantage for companies, enabling them to expand, attract capital, and achieve strong market positions, as seen with Realty Income, Prologis, and Public Storage. Realty Income leverages its scale and diversification to maintain high occupancy rates and strong financial performance, boasting a fortress balance sheet and impressive dividend growth. Prologis excels ...
VICI Properties specializes in the unique gaming property sector, particularly in Las Vegas, offering a strong position in the global entertainment hub. VICI's diversified investment strategies, including property growth funds and experiential credit solutions, drive impressive AFFO growth and secure top-tier market positioning. VICI benefits from 100% occupancy, long-term leases, and strong te...
In Q1 2025, VICI, GLPI, Agree, and Realty Income generated positive investment spreads and total returns exceeding their cost of equity, making them attractive investments. EPRT and STAG have negative investment spreads and total returns below their cost of equity, making them less favorable investment options. This analysis uses cap rates and the weighted average cost of capital to estimate in...
Inbound tourism to the US is collapsing, impacting Las Vegas with declining visitor numbers and casino revenues. VICI Properties reported 3.4% revenue growth in its fiscal 2025 first quarter, driven by a gaming portfolio with extremely long-dated CPI-linked leases. The REIT's investment-grade rating and CPI-linked rent escalations provide strong future rent growth visibility. The REIT is curren...
VICI's recent partnership with Red Rock underscores why it remains the leading gaming REIT, as the management consistently delivers growing assets under management. This is on top of its ability to access lower cost capital funding, as observed in the moderating weighted average interest rates and healthier balance sheet. VICI's ongoing diversification to non-gaming and other gaming markets bey...
In this article, I present 10 attractive high-yield investment options for this month of May 2025, which not only offer dividend income but also potential for dividend growth. The selection process involves analyzing financial ratios, competitive advantages, valuations, and diversification across industries and countries to minimize risks and maximize returns. Highlighted top picks for May 2025...
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