Key Takeaways Realty Income reported 98.6% occupancy and lifted 2025 AFFO guidance to $4.24-$4.28.VICI's portfolio includes 93 properties with 100% occupancy and long-term triple-net leases.Estimates for O's FFO trend lower, while VICI's 2025 FFO growth outlook has been revised upward.Dividend income remains a cornerstone for income-focused investors, and within the REIT space, Realty Income (O) and VICI Properties (VICI) are two leading names. Both have built reputations as reliable payers, supported by ex ...

Key Points Vici Properties is the largest owner of casino real estate in the U.S., including a substantial portfolio on the Las Vegas Strip. Buoyed by strong adjusted funds from operations (AFFO) guidance and the possibility of more accommodative monetary policy, the REIT is trouncing broader real estate benchmarks this year. A steadily rising dividend and efforts to diversify beyond gaming properties could make Vici a long-term winner in the real estate sector. 10 stocks we like better than Vici Pr ...

Group 1: Enterprise Products Partners - Enterprise Products Partners has $6 billion in organic expansion projects expected to enter commercial service by the end of this year, with additional projects set to start in 2026, providing stable cash flow for continued distribution increases [1] - The current yield for Enterprise Products Partners is 6.9%, supported by stable cash flow from fee-based income derived from long-term contracts and regulated rate structures [2] - The company has a strong balance sheet, allowing for continued growth beyond the current year [1] Group 2: Clearway Energy - Clearway Energy aims to pay out 70%-80% of its stable cash flow as dividends, with expected cash available for dividends rising from $2.08 per share this year to $2.50-$2.70 per share by 2027, supporting a 5%-8% annual dividend growth target [3] - The company offers a 6.3% dividend yield, backed by predictable cash flow from long-term power purchase agreements with utilities and corporate buyers [4] Group 3: Vici Properties - Vici Properties has a current dividend yield of 5.4%, with a portfolio that includes long-term net leases that escalate rents in line with inflation, providing stable and rising rental income [6][8] - The REIT has extended its dividend growth streak to eight years, achieving a 6.6% compound annual growth rate during this period [8] Group 4: Verizon - Verizon has a dividend yield of 6.4% and is projected to generate between $19.5 billion and $20.5 billion in free cash flow this year, sufficient to cover its annual dividend commitment of less than $12 billion [9][10] - The company has a strong financial profile that supports strategic investments, including a $20 billion acquisition of Frontier Communications to enhance its fiber network [10][11] Group 5: W.P. Carey - W.P. Carey offers a 5.4% dividend yield, with a diversified portfolio secured by long-term net leases that provide stable cash flow [12] - The company has invested $1.3 billion in new properties this year and aims for an investment volume target of $1.4 billion to $1.8 billion [13][14] Group 6: Overall Market Context - The S&P 500 currently has a historically low dividend yield of 1.2%, making high-yield dividend stocks like Clearway Energy, Enterprise Products Partners, Verizon, Vici Properties, and W.P. Carey attractive for income-seeking investors [5][15]

Core Insights - The article emphasizes the importance of conducting personal in-depth research and due diligence before making investment decisions, highlighting the inherent risks involved in trading [3]. Group 1 - The analysis is intended for informational purposes only and should not be considered as professional investment advice [3]. - There is a clear disclaimer regarding the lack of any stock or derivative positions in the companies mentioned, indicating a neutral stance [2]. - The article expresses the author's personal opinions and does not reflect any business relationships with the companies discussed [2]. Group 2 - Past performance is noted as not being a guarantee of future results, underscoring the uncertainty in investment outcomes [4]. - The article clarifies that no recommendations or advice are provided regarding the suitability of investments for particular investors [4]. - The authors of the analysis include both professional and individual investors, which may affect the perspectives presented [4].

Group 1 - The article introduces "The Undercovered Dozen," which highlights twelve actionable investment ideas on tickers with less coverage [1] - Inclusion criteria for "undercovered" tickers include a market cap greater than $100 million, more than 800 symbol page views in the last 90 days, and fewer than two articles published in the past 30 days [1]

Core Insights - VICI Properties Inc. has announced a 4% increase in its quarterly cash dividend, raising it to 45 cents per share from 43.25 cents, effective October 9, 2025, for shareholders of record as of September 18, 2025 [1][10] - The new annualized dividend rate is $1.80 per share, resulting in a dividend yield of 5.37% based on a share price of $33.50 as of September 4, 2025 [2][10] - VICI has increased its dividend six times in the past five years, with a payout growth of 6.8% during this period [2][3] Dividend Sustainability - VICI aims to distribute 75% of adjusted funds from operations (AFFO) to shareholders, providing a reliable income stream for dividend-focused investors [4] - The company has a solid foundation for its dividend payouts, supported by a high-quality portfolio of gaming and experiential assets, including flagship properties like Caesars Palace and MGM Grand [5][6] - VICI maintains a 100% occupancy rate across its 54 gaming and 39 experiential properties, secured by long-term, triple-net leases averaging 40.1 years [6] Lease Structure and Financial Resilience - A significant portion of VICI's rent roll is linked to the Consumer Price Index (CPI), with 40% currently and expectations to increase to 90% by 2035, aiding in revenue growth during inflationary periods [7] - 74% of VICI's rent comes from S&P 500 tenants, enhancing income stability and creditworthiness [7] - Since its inception in 2017, VICI has expanded its adjusted EBITDA by 377%, diversifying its portfolio to include experiential assets, which reduces sector-specific risks [8] Financial Position - VICI has $3 billion in liquidity as of June 30, 2025, providing financial flexibility to navigate market fluctuations [8] - The company's last quarter annualized net leverage ratio was 5.2, within its long-term target range of 5.0-5.5 [8] - With a solid operating platform and growth opportunities, VICI is well-positioned for sustainable dividend growth [9]

Group 1 - The focus is on growth and dividend income as a strategy for retirement planning [1] - The portfolio is structured to generate monthly dividend income that grows through reinvestment and annual increases [1] - The author holds long positions in VICI, O, NNN, and SPG, indicating a beneficial interest in these stocks [1] Group 2 - The article is presented as personal opinion and not as professional investment advice [2] - It emphasizes the importance of individual research before making investment decisions [2] - The content is intended for educational purposes and does not consider the reader's specific financial situation [2]

Group 1 - Las Vegas has experienced a decline in visitor count for six consecutive months, with a 12% year-over-year decrease in July [1] Group 2 - The investment strategy focuses on acquiring companies with strong qualitative attributes at attractive prices based on fundamentals, with a long-term holding approach [2] - The portfolio management aims to avoid underperforming stocks while maximizing exposure to high-potential winners, often resulting in a 'Hold' rating for companies with limited growth opportunities or high downside risks [2]

Group 1 - The equity market serves as a significant mechanism for wealth creation or destruction over the long term through daily price fluctuations [1] - Pacifica Yield focuses on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]

Core Insights - VICI Properties (VICI) shares have increased by 12.5% year to date, outperforming the industry average of 1% [1] - The company benefits from long-term leases, a diversified portfolio, and a strong balance sheet, which enhances shareholder value [1] Financial Performance - In Q2 2025, VICI reported adjusted funds from operations (AFFO) per share of 60 cents, matching the Zacks Consensus Estimate and reflecting a 5% increase from the previous year [2][9] - Revenue growth was driven by sales-type leases and lease financing income, although higher interest expenses negatively impacted results [2] - The AFFO per share outlook for 2025 has been raised [2] Analyst Sentiment - Analysts are optimistic about VICI, with the Zacks Consensus Estimate for 2025 FFO per share revised upward by 1.3% to $2.38 [3] Portfolio Characteristics - VICI Properties boasts a high-quality portfolio with a 100% occupancy rate and an average lease term of approximately 40.2 years [4][5] - 79% of the company's rent is derived from publicly traded tenants, ensuring a stable revenue stream through long-term triple-net lease agreements [5] Diversification Strategy - The company has diversified its portfolio to include non-gaming experiential assets, reducing risk associated with gaming volatility [6] Financial Flexibility - As of June 30, 2025, VICI had $3 billion in liquidity and an annualized net leverage ratio of 5.3, indicating strong financial flexibility [7][9] - The company holds investment-grade credit ratings, enhancing its access to the debt market [10]