VICI – Dividend Returns, History & Calculator

Dividend Challenger 8 Years

VICI Properties Inc. is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality, wellness, entertainment and leisure destinations, including Caesars Palace Las Vegas, MGM Grand and the

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Company Info

Symbol VICI
Company VICI Properties Inc.
Sector Real Estate
Industry REIT - Diversified
Website Visit
Market Cap $34,657.0M

Price Data

Price $32.50
Price Change -0.11
Price Change % -0.34%
Next Earnings Oct 30, 2025
Low (52W) $27.98
High (52W) $34.29

Dividend Data

Div Yield 532.92%
5Y Avg Yield 519.17%
Current Div $0.433
Payouts/Year 4
Annualized $1.732
Previous Div $0.433
Ex-Date Jun 18, 2025

Growth Rates

Chowder Number 13.1
DGR 1Y 4.3%
DGR 3Y 6.3%
DGR 5Y 7.8%

Total Returns

TTR 1Y - With Specials 14.4%
TTR 3Y - With Specials 4.6%
TTR 1Y - No Specials 14.4%
TTR 3Y - No Specials 4.6%

Fair Value

Fair Value (P/E 10) $27.31
FV (P/E 10) % 19.0%
Fair Value (Peter Lynch) $13.05
FV (Peter Lynch) % 149.0%
Fair Value (Blended) $28.52
FV (Blended) % 14.0%

Financial Metrics

Revenue 1Y 6.6%
NPM 70.2%
CF/Share $2.30
ROE 10.5%
Current R 17.6x
Debt/Capital 40.0%
ROTC 6.2%
P/E 12.5x
P/BV 1.3x
📊 Financial data last updated: August 18, 2025 12:45 pm

VICI 10-yr Total Return ($10,000 invested)

This analysis of VICI demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 14.3% CAGR, representing strong long-term performance. The DRIP strategy provided 19% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (VICI)

Over the selected period, investing $10,000 in VICI would grow to $41,909 with DRIP (319.1%), and $34,423 without DRIP (244.2%).

VICI Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in VICI with historic price growth (6.61%) and dividend growth (6.00%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $186,726

Annual Dividend: $8,957

Yield on Cost: 26.35%

Total Dividends: $65,541

No DRIP

Portfolio: $123,319

Total Dividends: $38,566

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $576,651

Annual Dividend: $26,124

Yield on Cost: 56.79%

Total Dividends: $221,345

No DRIP

Portfolio: $273,139

Total Dividends: $95,591

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $23,736 against a total investment of $25,600. At this point, your portfolio is throwing off $3,990 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $6,389, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $65,541 versus $34,000 invested, nearly a 193% recovery of capital purely from income. Yield on cost reaches 26.35%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $15,428 is greater than total contributions to date ($40,000), and cumulative dividends exceed $123,131.

By year 30, the DRIP snowball is in full force. Yearly income reaches $26,124, cumulative dividends total $221,345, and the DRIP portfolio value stands at $576,651, compared with $273,139 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for VICI, price $32.20, dividend per period $0.43 (4x/year), along with historic growth assumptions: price growth 6.61% and dividend growth 6.00% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price.

Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price.

In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth and dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice, it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for VICI

Based on past 10-year performance, here are VICI growth metrics:

Share price CAGR of +0.00%
Dividend CAGR of +0.00%

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

VICI Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
06/18/202506/18/2025$0.4335.36%5.36%$32.33
03/20/202503/20/2025$0.4335.35%5.41%$32.01
12/17/202412/17/2024$0.4335.64%5.76%$30.05
09/18/202409/18/2024$0.4335.08%5.24%$33.06
06/18/202406/18/2024$0.4155.91%5.91%$28.11
03/20/202403/20/2024$0.4155.67%5.76%$28.82
12/20/202312/20/2023$0.4155.17%5.33%$31.12
09/20/202309/20/2023$0.4155.17%5.41%$30.66
06/21/202306/21/2023$0.3905.01%5.01%$31.14
03/22/202303/22/2023$0.3905.04%5.14%$30.34
12/21/202212/21/2022$0.3904.58%4.76%$32.78
09/21/202209/21/2022$0.3904.59%4.87%$32.02
06/22/202206/22/2022$0.3604.92%4.92%$29.28
03/23/202203/23/2022$0.3605.19%5.30%$27.15
12/22/202112/22/2021$0.3604.83%5.04%$28.60
09/23/202109/23/2021$0.3604.50%4.80%$30.02
06/23/202106/23/2021$0.3304.21%4.21%$31.34
03/24/202103/24/2021$0.3304.78%4.90%$26.93
12/22/202012/22/2020$0.3304.84%5.09%$25.93
09/29/202009/29/2020$0.3305.23%5.64%$23.39
06/29/202006/29/2020$0.2985.96%5.96%$20.00
03/30/202003/30/2020$0.2987.37%7.43%$16.04
12/26/201912/26/2019$0.2984.68%4.76%$25.03
09/26/201909/26/2019$0.2985.16%5.30%$22.50
06/27/201906/27/2019$0.2885.31%5.31%$21.71
03/28/201903/28/2019$0.2885.17%5.28%$21.80
12/27/201812/27/2018$0.2885.44%6.28%$18.35
09/27/201809/27/2018$0.2883.36%5.45%$21.15
06/27/201806/27/2018$0.2632.07%5.14%$20.48
03/28/201803/28/2018$0.1600.88%3.50%$18.27
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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

VICI Price

Price to Earnings

VICI trades at a 39.5x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

VICI trades at a 34.1x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

VICI generated $1.0B in revenue. Revenue has grown by 165% over the period.

Net Income

VICI reported $0.9B in net income. Net income has grown by 241% over the period.

Revenue vs Net Income

VICI generated $1.0B in revenue with net income of $0.9B, representing a 86.4% net profit margin.

Gross Profit

VICI achieved $0.8B in gross profit, showing revenue after direct production costs.

Operating Income

VICI generated $0.4B in operating income, representing profit from core business operations.

EBITDA

VICI generated $0.4B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

VICI generated $1.0B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

VICI generated $1.0B in free cash flow. Free cash flow has increased by 245% over the period.

Free Cash Flow / Share

VICI generates $0.90 in free cash flow per share. FCF per share has grown by 245% over the period.

Earnings Per Share (EPS)

VICI reported $0.81 in earnings per share. EPS has grown by 241% over the period.

Return on Equity (ROE)

VICI delivered a 72.0% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

VICI achieved a 43.2% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

VICI maintains a 86.4% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

VICI operates with a 82.4% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

VICI holds $0.2B in cash against $0.1B in debt, resulting in a net cash position of $0.1B.

Shares Outstanding

VICI has 1.1B shares outstanding.

Stock-Based Comp

VICI reported $0.0B in stock-based compensation. Over the period, stock-based compensation has increased by 165%.

FCF vs Stock Based Comp

VICI generated $1.0B in free cash flow while spending $0.0B on stock-based compensation, representing 3% of FCF.

FCF vs FCF / Share

VICI reported $1.0B in free cash flow, translating to $0.90 per share.

Revenue: Actual + Estimates

This chart tracks VICI revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks VICI eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks VICI net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks VICI ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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