Here's How Many Shares of VICI Properties You Should Own to Get $5,000 in Yearly Dividends

Core Viewpoint - Investing in dividend stocks, particularly VICI Properties, is an effective strategy for generating passive income through high-yield dividends Group 1: Company Overview - VICI Properties owns significant experiential real estate, including iconic casinos on the Las Vegas Strip such as Caesars Palace, MGM Grand, and Venetian Resort, leased under long-term triple net leases, providing stable and growing rental income for dividends [2] Group 2: Dividend Details - The current quarterly dividend is $0.4325 per share, which annualizes to $1.73, requiring ownership of 2,890 shares to generate $5,000 in annual dividend income, translating to an investment of over $94,000 at a share price of approximately $32.50 [3][4] - VICI Properties has consistently increased its dividend payout every year since its formation, achieving a 7% compound annual growth rate over seven consecutive years, indicating a strong potential for rising dividend income [6] Group 3: Comparative Analysis - The investment required to generate $5,000 in annual dividend income from VICI Properties is significantly lower than that needed for an S&P 500 index fund, which would require over $350,000 due to its lower dividend yield of 1.4% compared to VICI's 5.3% [5]