NYSE:VICI - New York Stock Exchange, Inc. - US9256521090 - REIT - Currency: USD
Mentions: CZR
VICI earnings call for the period ending December 31, 2024.
One Beverly Hills, the ultra-luxury complex being developed in part by Cain International and Todd Boehly’s Eldridge Industries, secured $300 million in financing from Vici Properties Inc., a year after breaking ground on one of the most expensive US hotel projects under development.
The thesis is simple: Dividend stocks have historically outperformed non-dividend payers by more than 2-to-1 over the past 50 years and have been much less volatile. VICI Properties (NYSE: VICI), Medtronic (NYSE: MDT), and Enbridge (NYSE: ENB) certainly meet those criteria.
Dividends, particularly if you reinvest them, can help you build wealth slowly (and easily) over time. This is why investors would be wise to take a closer look at high-yield stocks like Realty Income (NYSE: O) and Vici Properties (NYSE: VICI) right now. Both have characteristics that make them easy wealth builders.
Mentions: O
The casino-oriented REIT is still an evergreen income investment.
Mentions: MGM