VICI Properties Inc. (NYSE:VICI) is listed among the Dividend Champions, Contenders, and Challengers List: 15 Highest Yielding Stocks. Despite this recognition, Scotiabank recently downgraded VICI Properties due to uncertainty surrounding the Caesars Entertainment Regional Master Lease, causing the stock’s price target to be lowered to $30 from $36. VICI Properties, a relatively young REIT established in 2017, has a diverse portfolio of casino real estate and experiential assets, offering stable cash flow with rent growth potential. The company maintains a solid financial position with a consistent track record of dividend increases.
Read more at Yahoo Finance: VICI Properties Lowered by Scotiabank on Caesars Lease Uncertainty
