Why do I continue to roll cubes and buy more than this 5.7%dividend section in my pension account
I bet retiring on stocks. That’s actually and quite Low -risk bet, given the dividend supplies data over the decade. They have surpassed non -payment for more than two to one (an average annual return of 9.2% in the last 50 years compared to 4.3% for non -payments, according to NED Davis Research and Hartford Funds).
One dividend stock I am loading is Shouting properties (Nyse: Vici). Real estate investment confidence (Repeated), who is focused on playing and other experiential real estate, currently pays a 5.6%-Iielding dividend. I believe Reit is a low -risk bet because it should pay dividend in constant growth, helping me to continue to grow the value of my pension account. So I just bought more shares and planned to continue adding my position in future.
Vici Properties has one of the biggest playing, catering, wellness, partying and leisure destinations in the world. Reit owns some of the most famous gamblers on the Las Vegas lane, including Caesars Palace Las Vegas and Venetian Resort Las Vegas. In addition to the properties of the games, he also has other experiential properties, such as entertaining bowling centers and Chelsea Piers in New York. Reit also has financial partnerships with several leading operators in the experiential sector, including Cabot, Great Wolf Resorts and Lucky Strike Entertainment.
Reit rented its portfolio owned by a long -term triple net lease (Nnn) with operational tenants. These leas to produce very Stable revenue from renting because tenants cover all operational costs, including routine maintenance, real estate tax and buildings. His leasers currently have a weighted average deadline of 41 years and are increasingly binding rental for inflation (40% in 2024, which increased to 90% to 2035).
Vici Properties pays about 75% of its stable cash flow in dividends Every year. This gives him a nice pillow to protect the payment if one of his tenants experiences financial questions. It also allows Reit to retain a meaningful cash for investing in new experiential properties that increase their income and dividend.
Every year, Reit increased its high -off -the -enond dividend every year (last year it was seventh in a row). During this period, he increased his payment of 7% of a complex annual rate. This is the fastest pace among Reit-focused Reita with Triple Networks (where the average growth rate is 2.2%).
Vici Properties already own many of the best games of games in the US, there are 54 toy properties in 15 US countries and one Canadian province, including 10 along Las Vegas tape. However, there are still many toy properties that are not possessed that it could buy it in the future. For example, has the right to first refusal to buy several real estate from Caesars, Including Paris Las Vegas, Planet Hollywood Resort and Casino, and Horseshoe Casino Baltimore. It can also buy real estate from other existing tenants and new operational partners.
