3 Reasons VICI Properties Can Easily Afford Its High-Yield Dividend
The investing environment of the last decade has been characterized by low borrowing rates, which is backed up by the fact that the average yield of the 10-year Treasury hasn't surpassed 3% since 2010. This reality of no decent options for income investors aside from dividend stocks has pushed the S&P 500's average yield down to a measly 1.3% -- hardly enough for an investor's portfolio to pay their bill, let alone keep up with inflation.
That has investors looking for viable (yet still safe) alternatives. One stock with a high dividend yield that arguably shows a minimal risk of being cut is the experiential real estate investment trust (REIT), VICI Properties (NYSE: VICI).
Here are three reasons I believe this stock can afford to maintain its enviable 4.9% dividend yield.
Source Fool.com
