VICI Properties offers 8%+ yield with strong growth despite recent share dip and tenant risks.

VICI Properties provides an attractive dividend yield above 8%, trading at about 83% of its equity creation cost. Despite recent share price weakness and dilution from acquiring Golden Entertainment, the company projects over 11% total annual returns and more than 5% internal AFFO growth. While tenant concentration with Caesars and MGM poses some risk, VICI's master leases and seniority offer solid credit protection. The recommendation is a Buy due to conservative payout, strong growth drivers, and asymmetric risk profile, even amid market skepticism and interest rate concerns.

VICI Properties trades at USD 22.73 on Pluang as of Oct 07, 2026 03:51 WIB, showing a modest 0.89% increase in one day. The stock offers an 8.17% dividend yield, aligning with its appeal as a high-yield investment. Market activity on Pluang is fairly balanced with 53% of orders to buy and 47% to sell, reflecting mixed investor sentiment.