Vici Properties Inc. Declares Regular Quarterly Dividend

Rhea-AI Summary

VICI Properties Inc. (NYSE: VICI) has declared a regular quarterly cash dividend of $0.36 per share, covering the period from October 1, 2021 to December 31, 2021. This dividend will be payable on January 6, 2022 to stockholders of record by December 23, 2021. VICI Properties, a leading real estate investment trust, boasts a diversified portfolio that includes 27 gaming facilities, over 46 million square feet of space, and recognized properties like Caesars Palace. The company aims to maintain its position as a top experiential real estate provider.

Positive

• Quarterly cash dividend of $0.36 per share declared.
• Dividend payable on January 6, 2022, enhancing income for shareholders.
• Strong portfolio with 27 gaming facilities and over 46 million square feet.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share of common stock for the period from October 1, 2021 to December 31, 2021. The dividend will be payable on January 6, 2022 to stockholders of record as of the close of business on December 23, 2021.

About VICI Properties

VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties’ national, geographically diverse portfolio consists of 27 gaming facilities comprising over 46 million square feet and features approximately 17,800 hotel rooms and more than 200 restaurants, bars, nightclubs and sportsbooks. Its properties are leased to industry leading gaming and hospitality operators, including Caesars, Century Casinos, Inc., the Eastern Band of Cherokee Indians, Hard Rock International Inc., JACK Entertainment and Penn National Gaming, Inc. VICI Properties also has an investment in the Chelsea Piers, New York facility and owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties’ strategy is to create the nation’s highest quality and most productive experiential real estate portfolio. For more information, please visit www.viciproperties.com

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “anticipates,” “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond the Company’s control and could materially affect actual results, performance, or achievements. Important risk factors that may affect the Company’s business, results of operations and financial position (including those stemming from the COVID-19 pandemic and changes in the economic conditions as a result thereof) are detailed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211209005886/en/

Investors:

Investors@viciproperties.com

(646) 949-4631

Or

David Kieske

EVP, Chief Financial Officer

DKieske@viciproperties.com

Danny Valoy

Vice President, Finance

DValoy@viciproperties.com

Source: VICI Properties Inc.

FAQ

What is the dividend amount declared by VICI Properties?

VICI Properties has declared a quarterly cash dividend of $0.36 per share.

When will the dividend be paid to VICI shareholders?

The dividend will be payable on January 6, 2022.

What is the record date for the VICI dividend?

The record date for the dividend is December 23, 2021.

How many gaming facilities does VICI Properties own?

VICI Properties owns 27 gaming facilities.

What is the significance of VICI Properties' portfolio?

The portfolio includes over 46 million square feet, enhancing its position in the experiential real estate market.