This High Dividend is No Gamble: VICI Stock
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- čas přidán 26. 02. 2024
- Last week, VICI Properties, ticker VICI, released their fourth quarter results as well as their end-of-year results for 2023. In their fourth quarter report, the company announced that revenue had increased 21% year-over-year and that adjusted funds from operations also increased 17.0% year-over-year. On a per-share basis, their AFFO increased 8.8% year-over-year to $0.55. For the full year 2023, total revenues increased 38.9%, and AFFO increased 29.1% to now 2.2 billion. They also announced and originated $1.8 billion in acquisitions and investments in 2023 and deployed capital every month.
Regarding the results, CEO Ed Pe-toe Knee Ack made the following comments on their earnings call: “VICI's 2023 AFFO growth will likely make VICI one of the 2023 income growth leaders among the 29 S&P 500 REITs that report AFFO per share... Our investment activities in 2023 will produce growth in our portfolio quality, geographic diversity, tenant diversity, and income. It wasn't easy to produce future growth in 2023. It was tough to navigate in 2023. But even amidst this low visibility, the VICI team kept pioneering in 2023.
Despite a more challenging environment for real estate investment trusts and speculation of a recession, VICI Properties continues to show they’re a world-class REIT with a great management team and an outstanding property portfolio. This company was created back in 2016 after a spin-off from Caesars Entertainment. Originally owning just Caesars Entertainment properties, VICI’s continued to expand their property portfolio over the years. Today, the company owns 97 properties, including 54 gaming destinations, 39 other experiential properties, and four golf courses.
/ dividendbull
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
My CFA ’Margaret Johnson Arndt’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Margaret.
Thoughts on PCH
It's on my watch list but the unpredictable market volatility and different manipulations by big sharks scares me.
Hi kentucky, your profit margin is quite inspiring and stunning for a starter; how come? what is your biggest holding, do you make use of spreadsheet? Thanks.
We used to share an office block with Kelly.
Because of dividends, I first began investing in stocks. It's important, in my opinion, to be able to live off of dividends without selling if you invest and make other income in addition to payouts. It suggests that you may pass that down to your kids and give them a leg up in life. Over the years, I've invested over $600k in dividend stocks; I continue to buy more today and will keep doing so until the price drops even further.
Hearing from an experienced investor who has survived adversity and prevailed is always motivating. It may be frightening when your portfolio goes from green to red, but if you have invested in strong firms, you should maintain growing them and stick to your goal.
Impressive can you share more info?
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
I agree. This is why having the right plan is invaluable, my $510k portfolio is well-matched for every season of the market and recently hit 100% rise fromm early last year. I and my CFP are working on a more figures ballpark goal this 2024
Pls can you recommend this particular coach you using their service?
She's a "Heather Lee Larioni". Also maintains an online presence. Just make a simple search for her name online.
Thanks for this. Found her and looked through her credentials before contacting her. Once again many thanks.
Quality video as always. Been buying VICI for awhile, only 28 shares so far, but buying when I can. I think even the analyst expected share price of $36 is undervalued.
Same. I've been adding as I can. I just got to 40 shares last paycheck. At least I'm not the only one slowly chugging along, lol
I honestly think the analyst point of 36 is pretty dead on and it's gonna take yrs to hit it not months
His closing statement "until next time take care".... does that mean after the next video he does not want us to take care?
🤣
Great video
As always, I appreciate your research and opinion.
Cheers will give this company a serious look.
I'd be interested to see the performance by dividend income for all of these players vs the S&P 500 too. Can it safeguard and grow $370k cash reserve for next 2 years at no risk?
I think you're better off with majority investment in S&P500 and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
Her name is “Marisol Cordova” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call
I've been sucking up the VICI. I think it's a winning stock and now is def the time to buy!
Well done friend !!
I have 103 shares at 27$.
if it dips back into 27$ territory this March I’ll buy another hundred, I know the feds will not do its first rate cut in March because the last CPI report for January was hot.
Nice 👍🏼
I bought VICI when Marriott (MAR) announced that they got the management contract for all MGM hotels. VICI didn't jump like I expected, but it's going to climb as summer travel picks up.
Thanks! Your video calms me down everyday I watch it when the market is pumping! I'm going with your insights. It makes the most sense with where we are at in the cycle. The only thing that would make me think this cycle could be slightly different is the overall increased adoption of crypto since 2019 and all the hype with the BTC/ETH ETF speculation. Could the market stay held up this cycle by the anticipation of ETFs and the overall awareness that a bull run is coming? The surge is speculated to possibly be the beginning of a massive new uptrend, making it a crucial time for investors to pay attention, I've personally benefited from following Laura A Keady trading tactics, amassing 23 bitcoins in a short four weeks period, which speaks volumes about his expertise....
Laurakeady•online
Use her name to quickly conduct an internet search.
She often talks on Telegrams, using the user-
@Laurakeady
@@Aninhafeldmanis that the same "Laura" that was a student of B-madkoff?
Only a very naive person would believe the apparently fake testimonial and conversation on this thread. Like they say "a fool and their money are soon parted".
Please give update on Ready Capital. Seems to be struggling the past few months.
Im gobbling up reits currently! Give me more
Don't forget about the high speed rail, that will eventually go LA@OC to LV.
Primero
this should continue to be a good buy until the economy begins to recover.. at least 1-2 years..
96% of VICI Shares are held by Institutions. So, professional managers agreed with the author of this video and so do I. REITs in general are being held down due to higher interest rates and should enjoy upward movement once rates are lowered. Diversity your REIT Holdings and we will do well over the next decade...
I've owned it for some time. It's kinda flat. Sure I like the dividends but I'd like growth too.
It's flat and gonna stay flat they aren't lowering rates for a while
you're missing the point if you're buying dividend stocks.
Insights in EPRT?
Solid stock. Good balance sheet and pays out of its EPS.
And I've been looking at this company recently, this company is taking on a lot of debt, and it's raising capital on a regular basis, and it's essentially raising capital to buy properties that can be rented out at a premium to the interest rate.
I'll hang onto VICI, but I bought in at 32.5 and I'm not happy that every time I look at the portfolio I'm down by over 10% on VICI the only good thing about it is, it pays a good dividend, so you get paid to wait. and I'm confident that stock price will eventually surpass mid thirties again. It just sucks seeing I'm down over 10% after buying it only two months ago.
Averaging down to reduce your cost basis is an option. Unless VICI is a full position for you. Another thought is that
All Stocks have 3 prices.
Above intrinsic value
Below intrinsic value or at intrinsic value 😊😊 My guess (current interest rate climate is depressing majority of the REIT sector). Hint: Stephen Schwarzman (founder of Blackstone) is loading up on REITS.
In a decade 2023 to 2024 would have been the best time to buy REITS.
Best wishes
@@DividendflywheelI know that I should average down when I buy a stock, but I just lack the patience. At times it has worked in my favor ( buying all at once ) other times, such as this one, it worked against me. Thanks for the info Re: BX. VICI is a small position for me in my portfolio, and I am underweight in the tech sector, so any cash I have will go into tech sector, if the NASDAQ ever has a dip.
Be thankful you can buy more at cheaper price. If you liked it at 32, you should really like it here!
Cannot complain. It pays within its EPS AND has a good balance sheet. The only concern is that it pays out quarterly. Why invest in quarterly if the competition is for high yielding monthly stocks? It would just be going backwards.
VICI has been on my watch list for a few years but I haven't put in a buy order..
I love $VICI under $30. I just recently crossed 600 shares. My goal is 1,000 shares. Hoping it stays below $30 for a while so I can accomplish that goal under $30/share.
Buy it at its midpoint. 52 week/2
The fundamentals keep improving and high interest rates are holding the stock down. As soon as rates go down this stock has tons of upside with a growing dividend. VICI is growing it's intrinsic value quickly and you have time to add to it since the market hates REITS right now.
Bowlero is making bowling a hobby for the rich.
The danger with triple net, particularly with such long leases as VICI have, is that the lease holder will do the minimum unless they have a business case to upgrade and modernise. So the market value of your property can be very dependent on how well the leaseholders business is doing since a run down " bare minimum maintenance" property will be worth less.
Valid and logical cost benefit analysis for class B, or class C real estate. The casino operators know they must compete with other casinos. May I suggest that the reverse of what you suggested will happen. They will constantly upgrade their properties to keep up (with competition). If not their customers will flock to better looking casinos.
The VICI template is so attractive other bigger institutional players are trying to get in on the (Vegas landlord) action.
Stay Hungry
I owned VICI stock from $24 and was happy with it for several years, mostly because the quality casinos in Las Vegas. The recent purchases of bowling alley and, IMO, inferior Canadian casinos convinced me to sell. I wasn't happy with the loan program either.
Yup they keep spending money and making debt instead of collecting their profits on the stuff they already had.
@@billgober2That's their business model, to earn the middle spread, or they won't be able to expand their income.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority. I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time.
that's quite impressive, you surely made a good bit of money. I myself invested in warren's BRK-A stock quite pricey but totally worth it.
5% a year is high?
Hö?
Isn't the average is dividend for all stocks around 1% however with that said who wants to go with "average". I am usually good with 5% but if my portfolio of 30 to 50 stocks and funds would average 7% I would have enough to retire and not need to touch any of my retirement accounts.
He’s mentioned in the past he defines high dividends as 4%+
Long VICI VNQ MAIN ARCC
Why simply not compare to competitive? Its now point from divedend point of view...
Profit margin of 80%, stock down 10 - time to ramp up here! Do ya think???
VICI doesn't have enough sector or geographic diversity for my taste. I will continue to invest in other REITS with more attractive characteristics.
Like what? O?
Yeah smashing their earnings but stock price has stalled while everything else goes up..
They need to buy the sphere. Its killing it at 12 million a day in revenue.
I hate the excess share dilution and the lack of geographical diversity. Hard pass.
Why do u sound so sad 😭
Promo`SM 😚
5,62 % high dividend ? Mmmh no. Imo you can call a stock high dividend only over 8 % or 9 %
Here is the problem with VICI and I held it a while. This stock goes no where. It ranges from 29-34 and bounces back and forth every time REITs takes a hit and interest rates don't go down. They are a great company but they aren't worth anyone's time until the rates drop because until then it's going no where.
That is a good dividend paying stock if it only stays within that range. The only worry would be if it dips below 29.
So you are not happy to buy it for 29, but will be happy to buy it once it hits 39? The whole point is to figure out and buy stocks when nobody wants them, then sell when they get hot, or keep em. Just like facebook during meta cycle, it was garbaje, but people who bought a ton got a huge payday
@@NickDarmitz problem is buddy it won't be 39. It never gets anywhere. It will stay between 29 and 34 for yrs watch. It's a flat stock.
@@wewhoareabouttodiesaluteyo9303 if you are buying a div stock only for the div and no growth then VICI is fine. You'd still be better off in a monthly payer paying 9% a yr if you want flat appreciation and just div income.
@@billgober2 I could be like you say, it could not. Naturally reits will not appreciate as fast as regular stocks, but I think once the rates start going down in the next 3 5 years or so, we will see massive appreciation
Pumping your own bags again, eh? 😂
Why do you pronounce each last word of a sentence with much deeper voice ? So weird.
Microphone settings
You know what’s even weirder?
Bruh
I like it 😉
I was thinking the whole time this is computer voice.
Dude, just speak normal. You end sentences like a weirdo