10 Cash-Rich Dividend Stocks to Buy Right Now

8. VICI Properties Inc. (NYSE:VICI)

Operating Cash Flow (TTM): $2.45 billion

VICI Properties Inc. (NYSE:VICI) is a gaming, hospitality, and experiential property real estate investment trust that engages in the ownership, acquisition, and financing of gaming, hospitality, and experiential properties. The company’s business model involves triple-net leasing with large tenants for prolonged periods. In the model, the tenants take care of paying for property expenses like taxes, insurance, and maintenance. The model earns the company predictable cash flows.

VICI Properties Inc. (NYSE:VICI) concentrates its strategy on being secure and growing rental revenue. Most of its properties are fully leased with long-term leases that have automatic annual rent increases. These features shield the firm from inflation and allow consistent shareholder distributions.

VICI Properties Inc. (NYSE:VICI) dividend also makes it a good choice for income investors. The company recently declared a 4% hike in its quarterly dividend to $0.45 per share. The company’s eighth successive year of dividend hike makes it one of the top cash-rich stocks to invest in. The stock, on September 27, has a dividend yield of 5.54%.