VICI Properties: Always Dull At VICI-Land, And That's Good

  • VICI offers a high-quality, resilient real estate portfolio focused on iconic experiential assets, promising stability over aggressive growth. The company delivers steady, mid-single-digit AFFO per share growth, with minimal risk of vacancy or rent delays, making it ideal for low-risk income seekers. Valuation is reasonable, especially if interest rates decline, potentially boosting VICI's premium; current returns are projected at 5%-8% annually.