VICI — All updates

Since going public, it has been popular with investors looking for dividend growth and is currently trading at a 52- week low. Well, I'm deciding to put 'VC Properties' on the list today.

This is quite interesting. They own the real estate of many casinos in Las Vegas. They are much more concentrated than companies like O. The stock has fallen 20% in the last 5 years and 25% in the last year, and it just hit a new 52-week low.

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.

Now, by far the most votes did go to Vichy. That's probably because it's yielding above 7%. Although, I do also talk about Vichy a lot on my channel. So, I'm assuming, you know, a lot of my viewers might also like Vichy themselves.

They might also be invested in Vichy themselves and they might see a lot of value in it. I certainly do. I think Vichi is one of the best RE stocks. In my opinion, Vichi is the best REIT right now in the market in terms of the value, in terms of the dividend, in terms of the business.

It's an incredible business. I can't believe how low the price is.

And then, finally, we have VICI Properties, one of the most highly debated REITs in the space right now. In the last year, it's down by 19.4% year-to-date, down by 5.5%, but keep in mind, that's in the middle of other REITs performing very well, with VNQ, the Vanguard Real Estate Index, actually outperforming the S&P 500.

So, it's not doing very well relative to its peers.

And now we get to what is perhaps one of the most interesting investment cases right now, and that's VICI Properties, stock ticker VICI, down 20% in the last year, year-to-date down by 7.29% trading at $26 a share, right at their 52-week low.

But, look at the 5-year chart, now down by about 12%. Now, of course, that's not including the dividends paid out during that time, which would give them a total positive return, which would give them a positive total return, but even at these prices, they're trading close to around a 7% yield, which is certainly quite a bit higher than the historic average.

The highest yield really they've seen in the company's entire history, with the exception of 2020.