Here's How Many Shares of VICI Properties You Should Own to Get $5,000 in Yearly Dividends
Investing in dividend stocks is a great way to make a lot of passive income each year. Many high-quality companies pay high-yielding dividends, enabling you to generate more passive income from every dollar you invest. VICI Properties (NYSE: VICI) has been a great income investment over the years. Here's a look at how many shares of the real estate investment trust (REIT) you'd need to own to collect $5,000 in dividend income each year.VICI Properties owns a treasure trove of experiential real estate, including three of the most iconic casinos on the Las Vegas Strip: Caesars Palace Las Vegas, MGM Grand, and Venetian Resort Las Vegas. The REIT leases these properties to operating companies under very long-term triple net (NNN) leases. Those leases provide it with very stable and growing rental income to pay dividends. Continue reading
Investing in dividend stocks is a great way to make a lot of passive income each year. Many high-quality companies pay high-yielding dividends, enabling you to generate more passive income from every dollar you invest.
VICI Properties (NYSE: VICI) has been a great income investment over the years. Here's a look at how many shares of the real estate investment trust (REIT) you'd need to own to collect $5,000 in dividend income each year.
VICI Properties owns a treasure trove of experiential real estate, including three of the most iconic casinos on the Las Vegas Strip: Caesars Palace Las Vegas, MGM Grand, and Venetian Resort Las Vegas. The REIT leases these properties to operating companies under very long-term triple net (NNN) leases. Those leases provide it with very stable and growing rental income to pay dividends.