VICI Properties offers steady dividend growth and a 31% total return potential by 2027 amid strong tenant reliability.

VICI Properties, a net lease REIT, has consistently raised its dividend annually and maintained a flawless tenant rent payment record. Its strategy combining contractual rent escalators, acquisitions, and loans supports steady growth in adjusted funds from operations (AFFO) per share. Rated BBB- by S&P with a stable outlook, VICI trades at a 19% discount to fair value and is projected to deliver a 31% total return by March 2027 and over 11% annual returns through 2031. This makes it an attractive option for investors seeking both income and capital appreciation in volatile markets.