11 Best REIT Dividend Stocks to Buy in 2025

3. VICI Properties Inc. (NYSE:VICI)

Number of Hedge Fund Holders: 41

VICI Properties Inc. (NYSE:VICI) is one of the best dividend stocks in the REIT sector. Formed in 2017 from Caesars Entertainment’s bankruptcy, the company has rapidly expanded through casino acquisitions, a major merger, and diversification into experiential real estate. Its inflation-linked, triple-net leases provide stable, growing rental income.

VICI Properties Inc. (NYSE:VICI) is a strong dividend payer and maintains a healthy dividend payout ratio of around 75%. It has a strong investment-grade balance sheet, with leverage below 5.5 times. This financial strength allows it to keep expanding its portfolio, not just through acquisitions but also by funding partners’ property upgrades and developments, generating reliable income in the process.

Since going public, VICI Properties Inc. (NYSE:VICI) has raised its dividend every year, marking its seventh consecutive increase in late 2024. Its payout growth has outpaced peers, averaging 7% annually since 2018 versus the sector average of 2%. With solid financials and plenty of growth potential, Vici is well-positioned to keep growing its high-yield dividend.

VICI Properties Inc. (NYSE:VICI) pays a quarterly dividend of $0.4325 per share and has a dividend yield of 5.27%, as of June 23.