| The Next AI Shock: February 3? |
If you’re looking for a high-yielding, oversold opportunity, look at VICI Properties (VICI).
With a yield of 6.3%, VICI Properties is an experiential real estate investment trust (REIT), which owns gaming, hospitality and entertainment properties, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas.
In addition, VICI Properties owns 93 experiential assets across a diverse portfolio consisting of 54 gaming properties and 39 other experiential properties across the United States and Canada.
It also owns a strong, diversified gaming sector portfolio with a property occupancy rate of 100%. It’s also still seeing stable dividend growth. The company paid out a quarterly cash dividend of $0.45 cents on October 9.
Funds like the VICI stock, too.
Joel Greenblatt’s Gotham Asset Management, for example, increased its stake in VICI by just over 94%. Jim Simons’ Renaissance Technologies raised its stake by just over 615%. Jane Street Group recently acquired 1.27 million shares of VICI, too.
Earnings have been strong.
In its most recent quarter, the company reported funds from operations (FFO) of 71 cents, which did miss by a penny. Revenue of $1 billion, up 3.7% year over year, was in line with estimates. It also expects full-year adjusted FFO per share of $2.36 to $2.37, as compared to prior guidance of between $2.35 and $2.37.
As noted by Edward Pitoniak, CEO of VICI Properties, “In the third quarter of 2025, the compounding nature of our business continued to demonstrate its merit with 4.4% year-over-year revenue growth and 5.3% year-over-year growth in AFFO per share, supporting our 8th consecutive annual dividend increase of $0.0175 per share, representing a 4.0% year-over-year increase,” as quoted by VICI’s most recent earnings release.
Again, with a healthy yield of 6.3%, coupled with strong exposure to gaming, hospitality and entertainment properties and a 100% occupancy rate, VICI Properties is one of the top real estate investment trusts to buy and hold long term. Plus, with respectable earnings growth, dividend payout consistency and strong future growth, VICI is a must-own for income investors.
Read in Behind the Markets: Big Changes Coming to Social Security?
According to legendary investor Louis Navellier...
This new Trump move could soon not only save Social Security from collapse...
But BOOST benefits for millions of retirees by up to 400%.
Click here to see the details on what the Financial Times called...
A big pot of money for the American people
Found this helpful? Share it with others.
Written by Ian Cooper