VICI Properties, a real estate investment trust (REIT) focused on the gambling sector, stands out as a top dividend stock under $100, currently trading around $30 per share. The company boasts a robust 6.35% dividend yield, with a manageable payout ratio of 61.25%, allowing for consistent dividend growth since its IPO in 2018. VICI’s portfolio includes 61 gambling locations and 39 non-gambling properties, with 100% occupancy, primarily leased to major operators like Caesars Entertainment and MGM Resorts.
The significance of VICI’s performance is underscored by its recent Q1 2026 results, which showed a 3.5% revenue increase to $1 billion and a 5.7% rise in adjusted funds from operations (AFFO) to $650.9 million. With a remarkable net profit margin of 78% and a healthy debt-to-equity ratio of 0.62, VICI not only provides a reliable income stream but also demonstrates financial stability.
For market professionals, VICI Properties presents an attractive option for those seeking dividend income without a hefty initial investment, making it a compelling addition to income-focused portfolios.
Source: fool.com