High-Yield Vici Properties Is Aging Well: Why Investors Should Take Note

Vici Properties (NYSE: VICI) is a real estate investment trust (REIT) that is focused on owning casinos. That's a pretty specific niche but one that has proven, so far anyway, to be fairly attractive. Here's why this relatively young REIT and its 5.3% dividend yield is worth taking note of today.At the most basic level, Vici Properties is a landlord, owning physical properties that it leases out to tenants. What sets it apart from other REITs is its focus on experiential properties, which today largely means casinos. These are giant assets that contain gaming, hotels, retail, dining, and convention businesses within them. You can argue that this provides a lot of diversification. But you have to juxtapose that against the reality that none of the other businesses in the property would likely be viable without the gaming component.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool