5 Best Dividend Stocks to Buy According to John Khoury’s Long Pond Capital

3. VICI Properties Inc. (NYSE: VICI)

Khoury’s Stake Value: $26,828,000
Percentage of John Khoury’s 13F Portfolio: 0.91%
Dividend Yield: 4.21%
Number of Hedge Fund Holders: 41

VICI Properties Inc. (NYSE: VICI) is a real estate investment trust investing in casino properties in New York City. The company was founded in 2017, and it stands third on the list of 10 best dividend stocks to buy according to John Khoury’s Long Pond Capital. VICI shares have gained 44.50% over the last 12 months.

On June 14, Wolfe Research analyst Andrew Rosivach initiated a coverage on VICI Properties Inc. (NYSE: VICI) with an “Outperform” rating and price target of $47. On June 10, VICI Properties declared a quarterly dividend of $0.33 per share, in line with the previous. The forward yield is 1.32%.

The stock is a new arrival on John Khoury’s portfolio, as his hedge fund bought about 950,000 shares of the company, worth $26.83 million. At the end of the first quarter of 2021, 41 hedge funds in the database of Insider Monkey held stakes worth $875.49 million in VICI Properties Inc. (NYSE: VICI), up from 38 the preceding quarter worth $970.23 million.