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VICI Properties Inc. - VICI STOCK NEWS

Welcome to our dedicated page for VICI Properties news (Ticker: VICI), a resource for investors and traders seeking the latest updates and insights on VICI Properties stock.

VICI Properties Inc, traded under the ticker symbol VICI, is a renowned real estate investment trust (REIT) based in the United States. The company specializes in owning and acquiring premier gaming, hospitality, and entertainment destinations, which are subject to long-term triple net leases. This unique focus positions VICI Properties as a major player in the leisure and entertainment real estate sector.

The company operates through two primary segments: the Real Property Business and the Golf Course Business. The Real Property Business segment is dedicated to leasing properties, ensuring a stable and consistent revenue stream. The Golf Course Business segment, on the other hand, encompasses several high-profile golf courses, including the beautiful Cascata Golf Course, the expansive Rio Secco Golf Course, the picturesque Grand Bear Golf Course, and the scenic Chariot Run Golf Course. These properties add diversification and additional value to VICI's real estate portfolio.

VICI Properties prides itself on offering a full-service, worry-free solution for rental property management. The company's mission is to protect and maximize investors' real estate assets by ensuring minimal tenant vacancies and high property maintenance standards. This approach helps in maximizing cash flow and overall investment value.

Recent achievements highlight VICI Properties' strategic acquisition initiatives and robust financial health, making it a reliable choice for investors looking to add a stable, income-generating asset to their portfolio. The company has successfully forged partnerships and secured properties that significantly enhance its portfolio's value and appeal.

Whether you are an investor looking for superior property management services or you wish to purchase investment properties, VICI Properties Inc. offers expert solutions tailored to meet your needs. Stay updated on the latest developments and performance metrics of VICI Properties Inc. through our timely news updates and comprehensive analysis.

Rhea-AI Summary
VICI Properties Inc. (NYSE: VICI) declares a regular quarterly cash dividend of $0.415 per share of common stock for the period from October 1, 2023 to December 31, 2023. The dividend will be payable on January 4, 2024 to stockholders of record as of the close of business on December 21, 2023.
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PENN Entertainment, Inc. reported stable property level performance in Q3, with revenues of $1.42 billion and adjusted EBITDAR of $523.4 million. The company saw relative strength in several locations, including Ohio, Kansas, Massachusetts, and Missouri. They also announced plans to launch ESPN BET on November 14, which is expected to expand their digital ecosystem and drive customer engagement. Total liquidity as of September 30, 2023, was $2.3 billion.
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VICI Properties Inc. reports 20.3% YoY revenue growth and increases guidance for full year 2023. Completed acquisitions and expanded partnerships. Declares quarterly cash dividend. Ended quarter with $510.9M in cash.
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VICI Properties acquires 38 bowling entertainment centers from Bowlero Corp. in a sale-leaseback transaction for $432.9 million. The transaction is expected to be immediately accretive to AFFO per share.
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Canyon Ranch appoints Mark Rivers as new CEO to lead brand expansion strategy and future growth
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VICI Properties Inc. will release its Q3 2023 financial results on October 25, 2023. Conference call and webcast scheduled for October 26, 2023 at 10:00 a.m. ET.
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VICI Properties announces support for Las Vegas Super Bowl Host Committee Charities for Super Bowl LVIII in 2024
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VICI Properties Inc. declares quarterly cash dividend of $0.415 per share, a 6.4% increase from current rate.
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VICI Properties releases 2022-2023 ESG Report aligning with SASB and TCFD reporting frameworks.
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VICI Properties expands partnership with Century Casinos, Inc. by acquiring Century Canadian Portfolio for C$221.7 million (US$162.4 million)
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FAQ

What is the current stock price of VICI Properties (VICI)?

The current stock price of VICI Properties (VICI) is $28.79 as of December 20, 2024.

What is the market cap of VICI Properties (VICI)?

The market cap of VICI Properties (VICI) is approximately 30.2B.

What is VICI Properties Inc.?

VICI Properties Inc. is a real estate investment trust based in the U.S., specializing in gaming, hospitality, and entertainment destinations.

What are the main business segments of VICI Properties?

VICI Properties operates in two main segments: Real Property Business and Golf Course Business.

What types of properties does VICI Properties manage?

VICI Properties manages gaming, hospitality, and entertainment destinations, as well as several golf courses.

What is the mission of VICI Properties Inc.?

The mission of VICI Properties Inc. is to protect real estate investments by maximizing cash flow, minimizing tenant vacancy periods, and maintaining high property standards.

Can investors purchase properties through VICI Properties?

Yes, VICI Properties offers solutions for investors looking to purchase real estate investment properties.

What notable golf courses are managed by VICI Properties?

Notable golf courses include Cascata Golf Course, Rio Secco Golf Course, Grand Bear Golf Course, and Chariot Run Golf Course.

What is a triple net lease?

A triple net lease is a lease agreement where the tenant is responsible for paying property taxes, insurance, and maintenance in addition to rent.

Is VICI Properties Inc. financially stable?

Yes, VICI Properties Inc. has demonstrated robust financial health through strategic acquisitions and solid revenue streams.

How does VICI Properties ensure property maintenance?

VICI Properties ensures property maintenance by delivering predictable property management services at consistently high standards.

Where can I find the latest news about VICI Properties?

The latest news and updates about VICI Properties can be found on financial news websites and the company's official communications.

VICI Properties Inc.

NYSE:VICI

VICI Rankings

VICI Stock Data

30.20B
1.05B
0.25%
99.93%
2.13%
REIT - Diversified
Real Estate Investment Trusts
Link
United States of America
NEW YORK