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VICI Properties Inc. (VICI)
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VICI Dividends

VICI Properties Inc. (VICI) pays $1.78 in dividends per share, with a current dividend yield of 6.35%. The company has dividend history for 7 consecutive years.

VICI Dividend Summary

Consecutive Years

7

Next Ex-Dividend Date

Jun 18, 2026

Next Payment Date

Jul 9, 2026

VICI Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

VICI Dividends CAGR Chart

VICI Properties Inc. (VICI)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$0.90
2025$1.76+4.13%
2024$1.69+5.28%
2023$1.61+7.33%
2022$1.50+8.70%
2021$1.38+9.96%
2020$1.26+7.26%
2019$1.17+17.29%
2018$1.00N/A

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$0.45+4.05%
Q1 2026$0.45+4.05%
Q4 2025$0.45+4.05%
Q3 2025$0.45+4.05%
Q2 2025$0.43+4.22%
Q1 2025$0.43+4.22%
Q4 2024$0.43+4.22%
Q3 2024$0.43+4.22%
Q2 2024$0.41+6.41%
Q1 2024$0.41+6.41%
Q4 2023$0.41+6.41%
Q3 2023$0.41+6.41%
Q2 2023$0.39+8.33%
Q1 2023$0.39+8.33%
Q4 2022$0.39+8.33%
Q3 2022$0.39+8.33%
Q2 2022$0.36+9.09%
Q1 2022$0.36+9.09%
Q4 2021$0.36+9.09%
Q3 2021$0.36+9.09%
Q2 2021$0.33+10.92%
Q1 2021$0.33+10.92%
Q4 2020$0.33+10.92%
Q3 2020$0.33+10.92%

Dividend Yield Metrics

Current Yield
6.35%
Average Yield (TTM)
6.35%
Average Yield (3Y)
6.02%
Forward Yield on Cost (3Y)
8.12%
Forward Yield on Cost (5Y)
9.56%
Forward Yield on Cost (10Y)
14.41%

Payout Ratio Analysis

Payout Ratio (Current)
68.30%
FCF Payout Ratio
74.24%
Payout Ratio (3Y Avg)
66.25%
Payout Ratio (5Y Avg)
78.71%
FCF Payout (3Y Avg)
74.83%
FCF Payout (5Y Avg)
75.89%

For REITs, the net-income payout ratio overstates sustainability — large non-cash depreciation depresses net income, so it often reads >100%. The FCF payout ratio above (or FFO/AFFO, the REIT-standard basis) is the more meaningful gauge.

Dividend Coverage

Payout Ratio
68.3%
Dividends / net income
FCF Payout Ratio
74.2%
Dividends / free cash flow
Consecutive Years
7 years
Years with regular dividend payments
5Y Dividend Growth
7.1%
Compound annual dividend growth

About VICI Properties Inc.

VICI Properties functions as a specialized real estate investment trust dedicated to experiential properties. The company boasts an extensive collection of premier gaming, hospitality, and entertainment venues, notably including the globally recognized Caesars Palace. Its diverse and nationally distributed portfolio encompasses 29 gaming facilities, spanning over 48 million square feet. These sites collectively feature approximately 19,200 hotel rooms and more than 200 distinct dining, bar, and nightlife establishments. VICI's assets are leased to leading operators in the gaming and hospitality sectors, such as Caesars Entertainment, Century Casinos, Hard Rock International, JACK Entertainment, and Penn National Gaming. Beyond its core properties, VICI also holds four championship golf courses and possesses 34 acres of undeveloped land strategically located adjacent to the Las Vegas Strip. The company's fundamental objective is to cultivate the United States' most valuable and high-performing experiential real estate portfolio.

New York City, NY
27 employees
Real Estate / REIT - Specialty
Sector
Real Estate
Industry
REIT - Specialty
CEO
Edward Baltazar Pitoniak