VICI Properties Inc. (VICI) Raises Quarterly Dividend 10.9% to $0.33; 5.6% Yield

VICI Properties Inc. (NYSE: VICI) declared a quarterly dividend of $0.33 per share, or $1.32 annualized. This is a 10.9% increase from the prior dividend of $0.2975.

The dividend will be payable on October 8, 2020, to stockholders of record on September 30, 2020, with an ex-dividend date of September 29, 2020.

The annual yield on the dividend is 5.6 percent.

David Kieske, EVP, Chief Financial Officer of the Company, commented, “We are pleased and proud to reward our shareholders with our third consecutive annual dividend increase since the Company’s formation. This nearly 11% increase is well supported by the growth in our AFFO from the recently closed transactions and cash rent collection track record. As we navigate the current environment, we will continue to maintain a prudent approach to capital allocation and strive to reward shareholders through accretive growth and attractive total return.”

For a dividend history and other dividend-related data on VICI Properties Inc. (VICI) click here.

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