This $25 Dividend Stock Could Be Your Ticket to Financial Freedom

• VICI Properties pays a high-yielding dividend.

• The REIT backs its payout with unchangeable currency flows.

• It has a batch of maturation ahead.

• 10 stocks we similar amended than Vici Properties ›

VICI Properties' (NYSE: VICI) stock terms has slumped implicit the past fewer months, falling by much than 15% from its caller peak. That has pushed its banal terms down toward $25, portion driving its dividend output up implicit 6%, good supra the S&P 500's mean (1.2%).

That high-yielding passive income watercourse could beryllium your summons to fiscal freedom.

VICI Properties owns a increasing portfolio of experiential existent property (e.g., casinos, bowling amusement centers, and sports and amusement complexes). It leases these properties to operating companies nether long-term, triple-net (NNN) leases. Those rental agreements supply it with steadily rising currency flows arsenic a increasing percent escalates rents with ostentation (46% this year, expanding to 90% successful 2035). The existent property concern spot (REIT) pays retired astir 75% of its unchangeable currency travel successful dividends, retaining the remainder to reinvest successful further income-producing experiential existent estate.

The REIT buys properties successful sale-leaseback transactions (it precocious secured a $1.2 cardinal woody to get 7 gaming properties), invests successful existent estate-backed loans, and provides backing to existing tenants to heighten their properties. Along with rent growth, these caller investments assistance turn VICI's currency travel to enactment its dividend.

The institution has raised its dividend for eight consecutive years (every year since its formation). It has grown its payout astatine a 6.6% compound yearly complaint during that clip frame, overmuch faster than the 2.3% mean of different REITs focused connected investing successful NNN existent property during that period.

With a monolithic full addressable marketplace accidental (over $400 cardinal for U.S. gaming properties alone) and partnerships with galore of the starring experiential companies, VICI Properties has tons of maturation ahead. That should alteration it to proceed expanding its dividend. As a result, investors should cod steadily rising passive income, which is the summons to fiscal freedom.

Before you bargain banal successful Vici Properties, see this:

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