Don’t Gamble With Your Dividends
VICI Properties stock attracts a lot of attention from retail investors who are attracted to their stable clients, mainly two large casinos which happen to constitute over 70% of the REIT's annualized cash rent. That number is decreasing as VICI expands into other projects that - while help diversify income streams - also deviate from the original value proposition of the REIT. Credit rating agencies provide some great commentary on VICI stock, a REIT we wouldn't consider investing in until they have a much longer track record than presently. There are also better REITs to invest in. Just…
The skinny
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