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VICI

Vici Properties Inc.

S&P 500
VICI|Real Estate|REIT - Diversified|$27.30|P/E 11.0|MCap 30.6B|NYSE

Last update: Mar 25, 2026 at 04:53

About Vici Properties Inc.

VICI Properties Inc. is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality, wellness, entertainment, and leisure destinations. Its geographically diverse holdings span the United States and Canada, encompassing 54 gaming properties and 39 other experiential assets, including iconic venues like Caesars Palace Las Vegas, MGM Grand, and the Venetian Resort Las Vegas. The portfolio totals approximately 127 million square feet, featuring around 60,300 hotel rooms and over 500 restaurants, bars, nightclubs, and sportsbooks. These properties are leased under long-term triple-net agreements to leading operators in gaming, leisure, and hospitality. VICI Properties Inc. also maintains real estate and financing partnerships with prominent experiential sector players such as Cabot, Canyon Ranch, Chelsea Piers, Great Wolf Resorts, Kalahari Resorts, and Lucky Strike Entertainment. Additionally, it owns four championship golf courses and undeveloped land adjacent to the Las Vegas Strip. Founded in 2016 and headquartered in New York, VICI Properties Inc. focuses on high-quality experiential real estate through strategic operator partnerships.

Dividend Overview

Dividend Yield

6.17%

Annual Dividend

$1.77

Frequency

Quarterly

Payout Ratio

67.62%

FCF Payout Ratio

73.88%

Stock Price

$27.30

52-Week Range

$26.75 $34.01

Dividend Health Score

79/ 100Safe

VICI's dividend appears safe and well-supported. Strengths include a 67.6% earnings payout ratio & 17.2x current ratio. Areas of concern: 79.9% cfo payout ratio. The dividend has been growing at a 7.06% 5-year CAGR. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 14 of 15 metrics

Payout & Coverage

Caution
Earnings Payout Ratio
67.6%Very Safe
FCF Payout Ratio
73.9%Caution
CFO Payout Ratio
79.9%Warning
Interest Coverage
4.3xCaution

Balance Sheet

Very Safe
Net Debt / Total Assets
N/AN/A
Current Ratio
17.2xVery Safe
Debt-to-Equity
62.7Very Safe

Profitability

Safe
Return on Equity
10.2%Caution
Operating Margin
80.3%Very Safe
Gross Margin
99.3%Very Safe
Profit Margin Stability
StableSafe

Dividend Track Record

Very Safe
Dividend Streak
8+ yrsSafe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
7.1%Safe
Earnings Stability
GrowingVery Safe

Dividend History (2016–2025)

VICI annual dividend per share and yield history

Earnings & Profitability

VICI earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

March 19, 2026

Next Payment Date

April 9, 2026

Dividend Growth

3-Year Dividend CAGR

5.58%

5-Year Dividend CAGR

7.06%

10-Year Dividend CAGR

0.00%

3-Year Total Growth

17.70%

5-Year Total Growth

40.68%

10-Year Total Growth

0.00%

Income Calculator

VICI Dividend Calculator

Total Investment

$2,730.00

Annual Income

$176.60

Quarterly Income

$44.15

Monthly Income

$14.72

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Frequently Asked Questions

What is VICI's current dividend yield?
Vici Properties Inc. (VICI) currently has a dividend yield of 6.17%, based on a stock price of $27.30 and an annual dividend of $1.77.
When is VICI's next dividend payment date?
VICI's next ex-dividend date is 2026-03-19 and the next payment date is 2026-04-09. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does VICI pay in dividends per year?
Vici Properties Inc. paid $1.77 per share in annual dividends in 2025. The dividends are paid quarterly.
Has VICI been increasing its dividend?
Vici Properties Inc. has grown its dividend at a 5-year CAGR of 7.06% and a 10-year CAGR of 0.00%.
Is VICI's dividend safe?
Vici Properties Inc. has a payout ratio of 67.62%. Its free cash flow payout ratio is 73.88%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is VICI's Dividend Health Score calculated?
The Dividend Health Score evaluates Vici Properties Inc.'s dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.