VICI Properties Inc. (VICI): One of the High Growth Dividend Paying Stocks to Invest in

We recently published a list of the 10 High Growth Dividend Paying Stocks to Invest in. In this article, we are going to take a look at where VICI Properties Inc. (NYSE:VICI) stands against other profitable dividend stocks.

Amid growing concerns about economic growth and President Trump’s tariffs, investors have been seeking safer investment options. In this environment, dividend stocks have gained significant traction, offering a defensive strategy while also providing steady passive income. Research from Ned Davis suggested that the tougher conditions facing the broader market this year could set the stage for dividend-paying stocks to perform well. The S&P Dividend Aristocrats Index, though it declined by over 8% in 2025 so far, is outperforming the wider market, which has fallen by more than 15% since the start of the year. Ned Davis’s Clissold and his team made the following comment about dividend investing in this environment:

“One would expect that companies that pay dividends are more stable and have lower growth rates. As a result, they should rally less in up markets and decline less in down markets. In other words, they have lower betas than non-dividend-payers. … As a group, dividend-payers have a beta of 0.99 versus 1.11 for nonpayers.”

Over the years, dividend stocks have proved their mettle because of strong balance sheets, stable businesses, and sound financials. These traits become even when important when the market is going through a rough stretch. Franklin Templeton noted that dividend-paying stocks are attractive because they help cushion market downturns while still offering strong growth potential. Over time and across different regions, dividend strategies have shown defensive characteristics. The report highlighted that from January 2022 through December 2024, these stocks experienced lower volatility and smaller declines than the broader market, whether looking globally, in the US, or across Europe. Notably, when concerns over inflation and rising interest rates flared up again in August, dividend stocks remained relatively resilient.

Considering the growing investor appetite for dividend stocks, more and more companies have initiated their dividend policy in recent times. Tech companies, which are usually associated with growth-oriented strategies, have also broached this territory and launched their dividends last year. They see dividends as a useful addition to share repurchase programs. While tech stocks currently offer relatively low dividend yields, the overall payouts are quite large—with J.P. Morgan projecting that just three major companies alone could return around $17 billion to shareholders over the coming year.

This trend marks an important development in the market. According to the report, the most promising dividend investments lie in “Compounders”—companies known for steadily raising their dividends over time. These firms, which make up nearly half of the strategy, are backed by consistent earnings growth. They not only offer dependable income but also form a strong base for achieving long-term outperformance in investment portfolios. Given this, we will take a look at some of the best high growth stocks that pay dividends.

VICI Properties Inc. (VICI): One of the High Growth Dividend Paying Stocks to Invest in

A business executive in a sharp suit shaking hands on a real estate deal.

Our Methodology

For this list, we screened for dividend stocks with sound financials and robust balance sheets. From that group, we picked companies that achieved positive revenue growth in the past five years. The final 10 picks are those with a five-year revenue growth rate exceeding 10%. The stocks are ranked in ascending order of their revenue growth rates.

At Insider Monkey, we are obsessed with hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

VICI Properties Inc. (NYSE:VICI)

5-Year Revenue Growth: 33.88%

An American real estate investment trust company, VICI Properties Inc. (NYSE:VICI) invests in casinos and other entertainment properties across the US and Canada. The company utilizes a net lease model, where tenants are responsible for most of the property-related costs. This benefits both parties: VICI reduces its expenses and minimizes risks associated with rising operating costs, while its casino tenants maintain operational control over key assets in their businesses.

For the fourth quarter of 2024, VICI Properties Inc. (NYSE:VICI) reported a 4.7% increase in revenue, totaling $976 million. However, net income available to common stockholders declined by 17.8% year-over-year to $614.6 million, with earnings per share falling 19.2% to $0.58. This decrease was largely due to changes in the CECL allowance for the quarter ending December 31, 2024. Additionally, the company entered into a new partnership with Indigenous Gaming Partners (IGP) as part of IGP’s acquisition of PURE Canadian Gaming’s assets, which included amendments to the existing master lease.

On March 6, VICI Properties Inc. (NYSE:VICI) declared a quarterly dividend of $0.4325 per share, maintaining the same payout as previous quarters. This marks another year of dividend increases since its IPO in 2018. The company’s strong cash position supports this growth, with $524.6 million in cash and cash equivalents at the end of FY24. In Q4 2024, it returned $456.7 million to shareholders through dividends. The stock supports a dividend yield of 5.82%, as of April 8.

Overall, VICI ranks 1st on our list of the best high growth stocks that pay dividends. While we acknowledge the potential of VICI as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than VICI but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the dirt cheap dividend stock.

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Disclosure: None. This article is originally published at Insider Monkey.