2024-04-17 08:00:00 ET
Summary
- A survey a few years ago found that a supermajority of consumers valued experiences above material possessions.
- VICI's real estate portfolio is of the utmost quality in the industry, which is an undeniable competitive advantage.
- The experiential REIT's balance sheet is in an enviable position.
- VICI appears to offer an attractive margin of safety from the current share price.
- The REIT offers viable and outsized income, exceptional value, and modest growth, which makes it an interesting buy.
My primary investing goal is to build a portfolio of reliably growing passive income. Thus, it stands to reason that I am highly interested in businesses with the quality necessary to deliver on my investment objectives.
That is why I tend to look for the following in prospective investments:
- A competitive edge, which often leads to repeatable and predictable revenue/earnings growth.
- A dividend policy that balances dual commitments to sustainability and payout growth.
- A vigorous, preferably investment-grade balance sheet.
Read the full article on Seeking Alpha
For further details see:
VICI Properties: Now Is The Time To Buy This 6%-Yielding REIT