2024-04-02 16:55:41 ET
Summary
- VICI Properties Inc. is a well-managed real estate investment trust with a portfolio focused on casino properties.
- The trust's leases include rent escalation clauses, indicating potential organic rental growth.
- VICI Properties has a strong tenant base, including major casino operators, and has consistently grown its adjusted funds from operations and dividend.
VICI Properties Inc. ( VICI ) is a well-managed real estate investment trust, or REIT, with a portfolio concentrated in casino properties. The trust’s leases contain rent escalation clauses which point to organic rental growth for VICI Properties and its shareholders moving forward....
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VICI Properties: This 6% Passive Income Play Is A No-Brainer