3 High-Yield Dividend Stocks to Buy to Cash In on This Exciting $500 Billion Opportunity

Core Insights - There is a growing consumer demand for unique experiences that cannot be replicated at home, leading to increased spending on experiential activities [1] - Companies in the experiential sector are increasingly partnering with real estate firms to enhance their offerings without the need to own properties [2] - The U.S. has an estimated $400 billion in operator-owned casino properties and over $100 billion in other experiential properties, presenting significant opportunities for real estate investment trusts (REITs) [3] EPR Properties - EPR Properties has developed a diversified portfolio of over 330 experiential properties across the U.S. and Canada, with significant earnings from movie theaters (38%), eat & play venues (24%), and attractions (13%) [5] - The company plans to invest $200 million to $300 million annually into new experiential properties, with recent acquisitions including Diggerland USA for $14.3 million [6] - EPR Properties expects a 3% to 4% annual growth in funds from operations (FFO) per share, supporting a similar growth rate in dividends, which currently yield 6.7% [7] Realty Income - Realty Income is a diversified REIT with a portfolio that includes retail, industrial, and gaming properties, with gaming properties contributing 3.2% of its rent [8] - The company entered the gaming sector with a $1.7 billion acquisition of Encore Boston Harbor Resort and Casino and invested $950 million in The Bellagio Las Vegas, tapping into a $400 billion market opportunity [9] - Realty Income's growing rental income supports a rising monthly dividend, currently yielding 5.8% [10] Vici Properties - Vici Properties was formed from a spin-off of Caesars Entertainment's real estate assets and owns a large portfolio of gaming and experiential properties, including 54 gaming properties and 39 other experiential properties [11] - The company engages in strategic partnerships with experiential property owners, recently investing $300 million into a luxury mixed-use development in Beverly Hills [12] - Vici Properties has consistently increased its dividend payouts since its formation, with a current yield of 5.5% and a compound annual growth rate of 7.4% [13] Investment Opportunities - EPR Properties, Realty Income, and Vici Properties are capitalizing on the increasing demand for experiential properties, which allows them to grow rental income and enhance dividend payments [14] - With a combined $500 billion investment opportunity in the experiential sector, these REITs have substantial potential for continued growth [14]