VICI Just Paid Me Almost $100 In Dividends 💰

AI-generated source summary

The analysis focuses on VICI Properties Inc., a REIT, which has experienced a significant price decline of 26.10% over the last year, currently trading at $22.88. Despite this downturn, the speaker received $98.00 in dividends, representing the largest single payment received from any individual company in their portfolio. This dividend was reinvested, acquiring 4.3397 additional shares at a price of $22.58 per share. The speaker's average cost for VICI is $28.53, with a total holding value of $4,874.62, comprising 213.0514 shares. The yield on cost is reported at 6.52%. The current position shows a price loss of $1,204 (19.81%) and a total return loss of $663 (10.91%). The speaker's overall outlook on VICI, despite the current unrealized loss, appears to be bullish due to the dividend payout and reinvestment strategy, suggesting a belief in the company's long-term value and income generation potential. The target price for the position is the average cost of $28.53, and the fail bound is set below the current price, around $20.00, indicating that a continued significant drop below this level would invalidate the bullish thesis.

AI-generated summary based on the source content.