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With an annual dividend yield of 6.39%, VICI Properties Inc. (NYSE:VICI) is included among the 10 Best Dividend Stocks with 5%+ Yields and Growing Cash Flows.

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On May 12, Scotiabank analyst Greg McGinniss raised the firm’s price target on VICI Properties Inc. (NYSE:VICI) to $32 from $30 and maintained a Sector Perform rating on the shares. The analyst said Q1 earnings across the net lease REIT sector reflected higher AFFO and stronger investment guidance throughout the firm’s coverage universe. Many REITs also issued forward equity during or after the quarter to support funding needs for the year, according to the research note.

During the Q1 2026 earnings call, President and COO John W. Payne said VICI Properties remained active during the quarter and made nearly $1.2 billion in new capital commitments. Management noted that the last two quarters marked the first time the company had reported more than $1 billion in new capital commitments in back-to-back periods.

Payne also said the company expanded its long-term strategic relationship with Cain International and Eldridge Industries by providing a $1.5 billion mezzanine loan for the One Beverly Hills project. He said the financing included an additional $1.05 billion commitment on top of the company’s previously announced $450 million investment. Phased delivery of the project is expected to begin in 2028.

In addition, Payne said VICI Properties announced a pending $144 million acquisition of four real estate assets in Alberta, Canada, at an 8% cap rate. The transaction is tied to Pure Casino Entertainment’s planned take-private acquisition of Gamehost.

VICI Properties Inc. (NYSE:VICI) is a real estate investment trust focused on owning and acquiring gaming, hospitality, wellness, entertainment, and leisure properties that operate under long-term triple net leases.

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