In Tuesday trading, 88 NYSE stocks hit new 52-week highs, along with 27 new lows. Nasdaq saw 153 new highs and 99 new lows. VICI Properties hit its 11th new low in 12 months, coming within 13% of its five-year low. The Barchart Technical Opinion is a Strong Sell. Despite this, income investors may find reasons to invest. VICI owns 93 properties in the U.S. and Canada, generating $3.28 billion annually. However, challenges such as Las Vegas tourism and proposition betting may impact its performance. The REIT pays a $0.45 quarterly dividend and has grown it for eight years. VICI’s dividend yield is 6.5%, with a 6.6% CAGR. It aims to pay out 75% of its AFFO each year. VICI has a five-year annualized total return of 6.95%. Stock appreciation may be limited, but dividend safety is a plus. VICI’s stock price historically trades between $25 and $35, making it attractive to income-focused investors.

Read more at Yahoo Finance: Is It Time for Income Investors to Place a Bet?