You Don't Need to Roll the Dice with This High-Yield Dividend Stock (It's a Low-Risk Bet to Produce Lots of Passive Income)
VICIVICI(VICI) The Motley Fool·2024-08-03 17:18

Vici Properties has a high probability of paying off with lots of passive income.High-yield dividend stocks are often higher-risk bets. They tend to have higher dividend payout ratios, putting them at higher risk of reducing their dividends if they run into financial trouble. However, a dividend reduction doesn't seem to be in the cards for Vici Properties (VICI 0.51%). The real estate investment trust (REIT) focused on casinos and other experiential property types has a very strong financial foundation bac ...