VICI Properties Inc.
VICIReal Estate · Stock · quarterly payer
Forward Yield
7.35%
Annual Dividend
$1.84
Payout Ratio
70%
5-Yr Growth
7.1%
Ex-Date
Sep 17, 2026
Frequency
Quarterly
Summary
As of September 2026, VICI Properties Inc. (VICI) yields 7.35% ($1.84 per share annually), with a blended fair-value estimate of $43.38 — +75% upside, so it screens as undervalued. Dividend safety grade: B (74/100). 7 years of dividend growth.
Is VICI a good dividend stock?
Yes, with caveatsVICI Properties Inc. (VICI) pays a quarterly dividend yielding 7.35% ($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
- 7.35%
- Payout Ratio
- 70%
- Annual Dividend
- $1.84
- 5-Yr Avg Growth
- 7.1%
- Ex-Dividend Date
- Sep 17, 2026
- Years of Growth
- 7
- Frequency
- quarterly
- Beta
- 0.68
- Market Cap
- $27.3B
- P/E Ratio
- 9.7
- 5-Yr Total Return
- -13%
- 52-Week Range
- $24.66 – $33.24
- Dividend Safety
- B · 74/100
- Ever Cut?
- No
Frequently Asked Questions
VICI Price — Last 12 Months
Daily close
Price Return
1 Year
-24%
3 Years
-15%
5 Years
-13%
52-Week Range
$24.66 – $33.24
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is VICI worth?
Undervaluedlow confidenceOur blended fair-value estimate for VICI Properties Inc. is $43.38 per share, versus a market price of $24.83. That implies 75% of upside — a margin of safety of about 43%.
Fair Value
$43.38
Current Price
$24.83
Upside
+75%
Margin of Safety
43%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.7% discount rate (CAPM), 6.6% stage-1 growth, 2.5% terminal growth, $2.58 EPS, $1.84 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
VICI Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 18, 2026 | — | $0.4500 | regular |
| Mar 19, 2026 | — | $0.4500 | regular |
| Dec 17, 2025 | — | $0.4500 | regular |
| Sep 18, 2025 | — | $0.4500 | regular |
| Jun 18, 2025 | — | $0.4330 | regular |
| Mar 20, 2025 | — | $0.4330 | regular |
| Dec 17, 2024 | — | $0.4330 | regular |
| Sep 18, 2024 | — | $0.4330 | regular |
| Jun 18, 2024 | — | $0.4150 | regular |
| Mar 20, 2024 | — | $0.4150 | regular |
| Dec 20, 2023 | — | $0.4150 | regular |
| Sep 20, 2023 | — | $0.4150 | regular |
| Jun 21, 2023 | — | $0.3900 | regular |
| Mar 22, 2023 | — | $0.3900 | regular |
Income Calculator
At $1.84 / yr per share
