SmarterDividends
VICI

VICI Properties (VICI) Dividend

VICI Properties Inc. · Real Estate · REIT - Diversified · quarterly payer

$25.09

Undervalued · +110% Add to Portfolio

As of Nov 5, 2026, VICI Properties (VICI) pays a quarterly dividend of $0.46 per share, or $1.84 a year, a 7.29% yield at its $25.09 share price. It pays every quarter, usually in January, April, July and October. It has raised its dividend 7 years in a row and has a dividend safety grade of B.

Forward Yield

7.29%

Annual Dividend

$1.84

Payout Ratio

84%

5-Yr Growth

7.1%

Ex-Date

Sep 17, 2026

Frequency

Quarterly

Key facts about VICI's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, VICI Properties Inc. (VICI) has a forward dividend yield of 7.29%, based on an annual dividend of $1.84 per share and a share price of $25.09.
  • As of Nov 5, 2026, VICI's dividend safety grade from SmarterDividends is B (74 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, VICI Properties Inc. (VICI) has raised its dividend for 7 consecutive years as of Nov 5, 2026.
  • VICI has never cut its regular dividend in the payment history SmarterDividends has on record.
  • VICI's most recent ex-dividend date was Sep 17, 2026, for a dividend of $0.46 per share.
  • As of Nov 5, 2026, VICI pays out 84% of its trailing 12-month earnings as dividends (its payout ratio).
  • VICI's dividend has grown at an average rate of 7.1% a year over the past five years.
  • As of Nov 5, 2026, VICI's 7.29% yield is 41% above its five-year average yield of 5.16%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for VICI is $52.80 per share, 110% above the $25.09 share price, so VICI screens as undervalued.
  • VICI Properties Inc. (VICI) pays its dividend quarterly, 4 times a year.
  • VICI Properties Inc. (VICI) has raised its regular dividend 10 times and cut it 0 times across the 35 payments on record since 2018. Its most recent change was a 2.2% increase to $0.460 per share, going ex-dividend on Sep 17, 2026.
  • VICI Properties (VICI) has declared its first higher dividend of the year in September in 4 of the last 5 years; its most recent raise, 2.2%, was declared on Sep 3, 2026.
Cite this page

SmarterDividends, "VICI Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/VICI

Is VICI a good dividend stock?

Yes, with caveats

VICI Properties Inc. (VICI) pays a quarterly dividend yielding 7.29% ($1.84/yr), with 7 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record
  • Strong 7.1% 5-yr dividend growth

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.29%
Payout Ratio
84%
Annual Dividend
$1.84
5-Yr Avg Growth
7.1%
Ex-Dividend Date
Sep 17, 2026
Years of Growth
7
Frequency
quarterly
Beta
0.65
Market Cap
$27.6B
P/E Ratio
11.6
5-Yr Total Return
-10%
52-Week Range
$22.43 – $30.83
Dividend Safety
B · 74/100
Ever Cut?
No

VICI dividend raises and cuts

VICI Properties Inc. (VICI) has raised its regular dividend 10 times and cut it 0 times across the 35 payments on record since 2018. Its most recent change was a 2.2% increase to $0.460 per share, going ex-dividend on Sep 17, 2026.

Ex-dateChangeOld → newMove
Sep 17, 2026Raise$0.450 → $0.460+2.2%
Sep 18, 2025Raise$0.433 → $0.450+3.9%
Sep 18, 2024Raise$0.415 → $0.433+4.3%
Sep 20, 2023Raise$0.390 → $0.415+6.4%
Sep 21, 2022Raise$0.360 → $0.390+8.3%
Sep 23, 2021Raise$0.330 → $0.360+9.1%
Sep 29, 2020Raise$0.298 → $0.330+10.7%
Sep 26, 2019Raise$0.288 → $0.298+3.5%
Sep 27, 2018Raise$0.263 → $0.288+9.5%
Jun 27, 2018Raise$0.160 → $0.263+64.4%
VICI ex-dividend date & scheduleNext ex-date Sep 17, 2026 · full ex-dividend historyView →VICI dividend historyEvery payment, totals by year, raises and cutsView →VICI dividend calculator100 shares pay $184.00 a year, $46.00 each quarterCalculate →VICI total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is VICI a good dividend stock?

Yes, with caveats. VICI Properties Inc. (VICI) pays a quarterly dividend yielding 7.29% ($1.84/yr), with 7 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is VICI undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, VICI's fair value is about $52.80 versus a $25.09 share price — so it looks undervalued (+110% vs. fair value).

Is VICI's dividend safe?

VICI has a dividend-safety grade of B (74/100), based on its payout coverage, free-cash-flow, 7-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is VICI's fair value?

Our blended fair-value estimate for VICI is about $52.80 per share, roughly 110% above the current $25.09 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is VICI a buy, hold, or sell?

We don't issue formal ratings, but on the data VICI screens as "yes, with caveats" and undervalued. VICI Properties Inc. (VICI) pays a quarterly dividend yielding 7.29% ($1.84/yr), with 7 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will VICI cut its dividend?

VICI earns a dividend-safety grade of B (74/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does VICI pay a dividend?

Yes. VICI Properties Inc. pays a quarterly dividend of about $1.84 per share annually, a forward yield of roughly 7.29%.

How much dividend does 100 shares of VICI pay?

At $1.84 per share a year, 100 shares of VICI pay $184.00 a year in dividends before tax, about $46.00 each quarter. Buying them costs about $2,509 at the Nov 5, 2026 price.

What is VICI's dividend yield?

As of Nov 5, 2026, VICI's forward dividend yield is 7.29%, based on a $1.84 annual dividend and a $25.09 share price.

What is VICI's dividend per share?

As of Nov 5, 2026, VICI pays $1.84 per share per year, distributed on a quarterly basis.

What is VICI's dividend payout ratio?

As of Nov 5, 2026, VICI's payout ratio is 84% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has VICI grown its dividend?

As of Nov 5, 2026, VICI has increased its dividend for 7 consecutive years.

When is the next VICI ex-dividend date?

As of Nov 5, 2026, VICI's next ex-dividend date hasn't been announced. The most recent was Sep 17, 2026, for $0.46 per share.