How Dividendology’s view on $VICI changed

And finally, we come to Vichy stock down 24% in the last year and in the last 5 years down 16.3%. Now, this is a stock I've covered very frequently over the last few weeks, but I actually do think the sell-off has been overstated, so a little bit of a spoiler alert, but at current prices, the yield is now pushing over 7.4%.

So, basically the highest yield that we've looked at today, trading at a 52-week low.

Now, we come to the dividend hike that shocked a lot of people. We have Vichy Properties with a dividend increase of 2.2%. Why is this such an interesting dividend increase? Well, it's below what management had been previously guiding towards.

Now, what's interesting about this is the dividend is very well covered. It's right at management's target payout ratio. So, we do need to ask the question, why was this dividend hike lower than we expected? It's a very important question that we address.