VICI Properties provides investors exposure to prime Las Vegas Strip real estate through long-term triple-net leases with built-in rent increases. The recent acquisition of Caesars, VICI's largest tenant, by Fertitta could improve tenant credit quality and reduce risk concentration. Currently trading at $26.28 with a 6.8% yield and a 10.7x AFFO multiple below historical averages, VICI presents an attractive risk/reward profile. The dividend is well-covered, cushioning downside, while potential rerating could boost returns if the Caesars deal closes successfully.
Each month, Cash Builder Opportunities screens for dividend growth stocks focusing on value, income, safety, growth, and consistency. This month, several blue-chip stocks are noted as potential turnaround plays, alongside a small retail-focused REIT ...
Club Med, in partnership with VICI Properties, is acquiring and redeveloping the Carambola Beach Resort in the U.S. Virgin Islands. This marks Club Med's return to the U.S. market, bringing its signature all-inclusive experience to St. Croix. The new...
