VICI Properties Inc. Declares Regular Quarterly Dividend

Rhea-AI Summary

VICI Properties Inc. (NYSE: VICI) has declared a quarterly cash dividend of $0.36 per share for the period from January 1, 2022 to March 31, 2022. This dividend will be payable on April 7, 2022 to stockholders of record as of the close of business on March 24, 2022. The Company is recognized for its extensive portfolio in gaming and hospitality, including iconic venues like Caesars Palace and the Venetian Resort.

Positive

• Quarterly cash dividend of $0.36 per share benefits shareholders.
• Portfolio includes iconic Las Vegas properties attracting high foot traffic.

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 January 1, 2022 to March 31, 2022. The dividend will be payable on April 7, 2022 to stockholders of record as of the close of business on March 24, 2022.

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 Caesars Palace Las Vegas, Harrah’s Las Vegas and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. VICI Properties’ national, geographically diverse portfolio consists of 28 gaming facilities comprising over 62 million square feet and features approximately 25,000 hotel rooms and more than 250 restaurants, bars, nightclubs and sportsbooks. Its properties are leased to industry leading gaming and hospitality operators, including Caesars Entertainment, Inc., Century Casinos, Inc., the Eastern Band of Cherokee Indians, Hard Rock International Inc., JACK Entertainment LLC, Penn National Gaming, Inc. and The Venetian. 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 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/20220310005942/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 for Q1 2022?

VICI Properties declared a quarterly cash dividend of $0.36 per share for Q1 2022.

When will the dividend be paid to shareholders of VICI Properties?

The dividend will be payable on April 7, 2022, to stockholders of record as of March 24, 2022.

What period does the declared dividend cover for VICI Properties?

The declared dividend covers the period from January 1, 2022, to March 31, 2022.

How does the dividend payment affect VICI shareholders?

The dividend payment provides income for shareholders, enhancing their investment returns.