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VICI Properties Inc. Declares Regular Quarterly Dividend

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VICI Properties Inc. (NYSE: VICI) has announced a quarterly cash dividend of $0.33 per share for the period of April 1 to June 30, 2021. This dividend will be payable on July 8, 2021, to stockholders who are on record as of the close of business on June 24, 2021. VICI Properties operates a significant portfolio in gaming and hospitality, including 28 facilities and over 47 million square feet. The company aims to develop a high-quality experiential real estate portfolio, leasing its properties to top industry operators.

Positive
  • Quarterly cash dividend of $0.33 per share enhances shareholder income.
  • Diverse portfolio of 28 gaming facilities indicates strong market presence.
  • Strategic partnerships with leading operators like Caesars Entertainment bolster revenue potential.
Negative
  • None.

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 $0.33 per share of common stock for the period from April 1, 2021 to June 30, 2021. The dividend will be payable on July 8, 2021 to stockholders of record as of the close of business on June 24, 2021.

About VICI Properties

VICI Properties Inc. 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 28 gaming facilities comprising over 47 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 Entertainment, Inc., Century Casinos, Inc., Hard Rock International Inc., JACK Entertainment LLC 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 additional information, please visit www.viciproperties.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “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.

FAQ

What is the VICI Properties dividend amount for July 2021?

The dividend amount is $0.33 per share, payable on July 8, 2021.

When is the record date for VICI Properties' dividend?

The record date for the dividend is June 24, 2021.

How often does VICI Properties pay dividends?

VICI Properties pays dividends quarterly.

What does VICI Properties focus on?

VICI Properties focuses on experiential real estate, particularly in gaming and hospitality.

VICI Properties Inc.

NYSE:VICI

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34.10B
1.05B
0.25%
99.86%
2.14%
REIT - Diversified
Real Estate Investment Trusts
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United States of America
NEW YORK