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VICI Properties offers 36% upside with strong balance sheet and 6.62% dividend yield amid market fears.

Market News
06 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

VICI Properties is currently trading at a low price-to-AFFO ratio of 11.24x, well below its historical average, suggesting a potential 36% price increase as the valuation normalizes. The company maintains a strong financial position with conservative leverage of 35% and a 4.0x interest coverage ratio, supporting its investment-grade credit ratings. Its dividend yield stands at 6.62%, comfortably covered by a 73% AFFO payout ratio, with AFFO per share growing 4.5% year-over-year. Despite macroeconomic challenges and concerns about the Las Vegas market, VICI's cash flows remain resilient, making it a solid choice for patient, long-term investors.

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