Here's How Much Dividend Income You'd Have Collected If You Bought 100 Shares of VICI Properties 8 Years Ago
Key Points
VICI Properties has paid dividends since its initial public offering in early 2018.
The REIT has grown its payout at a 6.6% compound annual rate since the end of 2018.
VICI Properties (NYSE: VICI) has risen like a phoenix out of the ashes. Bankrupt casino operator Caesar's Entertainment initially formed the real estate investment trust (REIT) in late 2017, and it went public in early 2018. It has grown into the largest REIT focused on owning experiential real estate.
Here's a look at how much dividend income you'd have collected if you bought 100 shares of the REIT when it went public eight years ago.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Image source: Getty Images.
VICI Properties priced its IPO at $20 a share in early 2018. At that price, it would have cost about $2,000 to purchase 100 shares right around the time it went public.
The REIT started paying dividends right away. It paid a pro-rated dividend of $0.16 per share for the first quarter of 2018, based on a $0.2625 quarterly rate. VICI Properties would go on to raise the quarterly dividend to $0.2875 per share for the third quarter. As a result, an investor would have collected $99.75 in dividend income that first year.
VICI Properties has grown its dividend at a 6.6% compound annualized rate since the end of 2018, driven by rising rental rates and new investments. That's triple the dividend growth rate of similar REITs. Here's how much dividend income those 100 shares would have generated since VICI's IPO (assuming no dividend reinvestment):
|
Year |
Annual Dividend Income |
Cumulative Dividend Income |
|---|---|---|
|
2018 |
$99.75 |
$99.75 |
|
2019 |
$117.00 |
$216.75 |
|
2020 |
$125.50 |
$342.25 |
|
2021 |
$138.00 |
$480.25 |
|
2022 |
$150.00 |
$630.25 |
|
2023 |
$161.00 |
$791.25 |
|
2024 |
$169.50 |
$960.75 |
|
2025 |
$176.50 |
$1,137.25 |
|
2026 |
$45.00 |
$1,182.25 |
Data source: VICI Properties. NOTE: 2026 includes dividends paid through the first quarter.
The cumulative dividend income over the past eight years is nearly 60% of an investor's original investment.
The REIT's dividend should continue rising in the future, driven by built-in rental escalation clauses and new investments. That makes VICI Properties an attractive way to make passive income from real estate.
Should you buy stock in Vici Properties right now?
Before you buy stock in Vici Properties, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Vici Properties wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $536,003!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,116,248!*
Now, it’s worth noting Stock Advisor’s total average return is 946% — a market-crushing outperformance compared to 190% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of April 9, 2026.
Matt DiLallo has positions in Vici Properties. The Motley Fool recommends Vici Properties. The Motley Fool has a disclosure policy.
Recommended Articles
