VICI Properties rated Strong Buy despite selloff, with 6.59% dividend yield and growth potential.

VICI Properties has experienced a steep selloff due to macroeconomic pessimism, Las Vegas market concerns, and tenant concentration risks. However, the REIT maintains strong fundamentals including 100% rent collection, profitable tenants, triple net leases, and inflation-protected rent escalators. Its diversification into experiential assets and minimal share dilution support a secure dividend investment thesis with a forward yield of 6.59%. The selloff presents an attractive opportunity with a potential long-term price target of $37.30, making VICI a strong buy for investors seeking income and growth potential.