VICI Properties: Becoming More Attractive As The Yield Keeps Rising

YR Research5.36K FollowersFollow5ShareSavePlay(8min)Comments(2)SummaryVICI Properties offers unmatched stability and predictability, ideal for income-focused investors seeking 8%-10% annual returns with capital preservation.VICI's unique, irreplicable Vegas-centric portfolio ensures 100% occupancy, long leases, annual rent escalations, and one of the safest revenue streams in the market.Growth has slowed as management remains highly selective, with the deal pipeline thin and AFFO per share growth moderating, but the starting yield is at a multi-year high.I rate VICI a 'buy' for its 6%+ yield, consistent dividend growth, and attractive 12x AFFO multiple, especially as lower treasury yields could further boost total returns. Getty Images VICI Properties (VICI) is a no-nonsense stock that perfectly fits income-seeking investors who want stability, predictability, and preservation of capital. Investors who are disappointed with the stock's returns over the past few years should rethink their strategy, asThis article was written byYR Research5.36K FollowersFollowI aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates.I manage a concentrated portfolio targeted at avoiding losers and maximizing exposure to big winners. This means that often I'll rate great companies at a 'Hold' because their growth opportunity is below my threshold, or their downside risk is too high.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.