2 Dividend Stocks to Scoop Up Without Hesitation Right Now

• Great dividend payers tin enactment and rise their payouts done the years.

• VICI Properties is simply a starring REIT with a immense portfolio of experience-oriented properties.

• Bristol Myers Squibb is simply a apical pharmaceutical concern with a immense portfolio of profitable drugs.

• 10 stocks we similar amended than Vici Properties ›

Adding dividend stocks to your portfolio tin supply a dependable root of income and assistance buffer portfolio losses during marketplace downturns. However, it's important to cautiously probe immoderate dividend banal you privation to bargain to guarantee the payout is sustainable and that the underlying concern aligns with your portfolio maturation goals arsenic good arsenic hazard preferences.

Look for companies with a way grounds of accordant dividend payments and, ideally, a past of expanding them implicit time, arsenic this tin awesome a stable, well-managed business. Take attraction not to beryllium overly focused connected a dividend yield, a metric that shows shows the yearly dividend arsenic a percent of the existent banal price.

While an charismatic output is great, an overly precocious dividend output won't archer you overmuch astir the prime of the company. In fact, a output that has been pushed excessively precocious tin bespeak a falling banal terms and adjacent underlying fiscal distress.

With that, present are 2 dividend stocks to see scooping up close now.

VICI Properties (NYSE: VICI) is simply a existent property concern spot (REIT) that specializes successful owning, acquiring, and processing experiential existent estate. It's 1 of the largest landowners connected the Las Vegas Strip with a portfolio of 93 assets that includes iconic destinations specified arsenic Caesars Palace, MGM Grand, and The Venetian Resort. These see 54 gaming properties and 39 different experience-focused spot assets. VICI was created successful 2017 arsenic a spinoff from Caesars Entertainment during its Chapter 11 bankruptcy to abstracted its invaluable casino existent property from its operations.

As a REIT, VICI tin ain casino properties, lease them out, and make rental income for shareholders. VICI held its archetypal nationalist offering successful aboriginal 2018, and was 1 of the largest REIT IPOs astatine the time. VICI is required to wage retired astir of its taxable income arsenic dividends to shareholders, truthful it has remained a reliable dividend payer that has accrued its yearly dividend for 7 consecutive years since its IPO. Its existent yearly dividend is astir $1.80 per share, and it boasts a beardown dividend output of astir 6.3%.

VICI utilizes a triple-net (NNN) lease model, which separates spot ownership from day-to-day operations. Under triple-net agreements, tenants are liable for each property-related expenses, including taxes, insurance, and maintenance. The institution maintains a 100% occupancy rate. Most of VICI's semipermanent leases see rent escalators linked to the Consumer Price Index (CPI), a strategy that helps safeguard its rental income against inflation. All lease agreements see yearly basal rent escalations that tin beryllium fixed oregon variable.