VICI Properties: A Winning High-Yield Bet To Buy Now

Kody's DividendsInvesting GroupFollow5ShareSavePlay(15min)Comment(1)SummaryVICI Properties has raised its dividend each year as a publicly traded company, and its tenants have never missed a rent payment.The net lease REIT’s combination of contractual escalators, acquisitions, and loan strategy provides a path to consistent AFFO per share growth.VICI Properties sports a BBB- S&P credit rating with a stable outlook.The net lease REIT is priced at a 19% discount to my fair value estimate.VICI Properties looks poised to generate a 31% total return through March 2027 and 11%+ annual total returns by the end of 2031.Looking for more investing ideas like this one? Get them exclusively at The Dividend Kings. Learn More » CaronB/iStock via Getty Images In an environment of market volatility, many may feel forced to choose between the safety of high-yield income and the excitement of capital appreciation. In my view, the most resilient portfolios bridge this gap by selecting compounders. Businesses withThis article was written byKody's Dividends10.8K FollowersFollowHi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to Sure Dividend, The Dividend Kings, and iREIT+Hoya Capital. I have been investing since September 2017 (age 20) and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog that is documenting my journey towards financial independence using dividend growth investing as the means to transform the dream of financial independence into a reality. It's also the inspiration of my pseudonym here on Seeking Alpha.By God's grace, I owe everything to my blog for introducing me to the Seeking Alpha community as an analyst. That's my story and I hope you enjoy my work examining dividend growth stocks and the occasional growth stock!Analyst’s Disclosure: I/we have a beneficial long position in the shares of VICI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.