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Wells Fargo Maintains Equal-Weight on VICI Properties, Lowers Price Target to $26
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- benzinga
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Mizuho Maintains Neutral on VICI Properties, Lowers Price Target to $27
Here's the Smartest S&P 500 Dividend Stock to Buy With $1,000 Right Now -- and It's Sporting a 6.8% Dividend Yield
Vici Properties, a REIT focused on gaming and hospitality properties, is highlighted as an attractive dividend stock with a 6.8% yield. The company owns 103 properties across the US and Canada, maintains 100% occupancy, has long-term leases averaging 40 years, and has been consistently growing its dividend payout. Its forward P/E ratio of 9.2 is below its five-year average of 11.7, suggesting compelling valuation.