How To Put $100 In Your Retirement Fund Each Month With VICI Properties Stock

VICI Properties Inc. VICI is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.

It will report its Q4 2024 earnings on Feb. 20. Wall Street analysts expect the company to post an EPS of $0.67, up from $0.55 in the prior-year period. According to data from Benzinga Pro, quarterly revenue is expected to be $969.28 million, up from $931.87 million the year before.

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The 52-week range of VICI Properties stock price was $27.08 to $34.29.

VICI Properties dividend yield is 5.81%. It paid $1.73 per share in dividends during the last 12 months.

The Latest On VICI Properties

On Oct. 31, the company announced its Q3 2024 earnings, posting GAAP EPS of $0.70, compared with the consensus estimate of $0.67, and revenues of $964.7 million, compared with  the consensus of $952.86 million, as reported by Benzinga.

Edward Pitoniak, chief executive of VICI Properties, said, "In the third quarter, we continued to demonstrate the flow-through efficiency of our economic model, increasing our quarterly revenue by approximately 7% year-over-year and our AFFO per share by approximately 5% year-over-year.

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The company estimates AFFO for the full year will be between $2.36 million and $2.37 million, or between $2.25 and $2.26 per diluted common share.

Check out this article by Benzinga for five analysts' insights on VICI Properties. 

How Can You Earn $100 Per Month As A VICI Properties Investor?

If you want to make $100 per month — $1,200 annually — from VICI Properties dividends, your investment value needs to be approximately $20,654, which is around 694 shares at $29.77 each. 

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (5.81% in this case). So, $1,200 / 0.0581 = $20,654 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.

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The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find VICI Properties stock an attractive option for making a steady income of $100 per month by owning 694 shares of stock. There may be more upside to come as investors benefit from the company's consistent dividend hikes. VICI Properties has raised its dividend consecutively for the last seven years. 

Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

You Can Profit From Real Estate Without Being A Landlord

Real estate is a great way to diversify your portfolio and earn high returns, but it can also be a big hassle. Luckily, there are other ways to tap into the power of real estate without owning property. Arrived Home's Private Credit Fund’s has historically paid an annualized dividend yield of 8.1%*, which provides access to a pool of short-term loans backed by residential real estate. The best part? Unlike other private credit funds, this one has a minimum investment of only $100. 

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