VICI Props: Dividend Insights
Portfolio Pulse from Benzinga Insights
VICI Props (NYSE:VICI) announced a quarterly dividend of 39 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning VICI stock by the end of Tuesday's session will be eligible for the dividend payout, which will be distributed on July 6, 2023.
June 16, 2023 | 2:45 pm
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NEUTRAL IMPACT
VICI Props announced a 39 cents per share quarterly dividend, with the ex-dividend date set for Wednesday. Shareholders must own the stock by the end of Tuesday to be eligible for the payout.
The announcement of a dividend payout is generally a positive signal for investors, but the stock will trade lower to reflect the payout on the ex-dividend date. This may cause short-term fluctuations in the stock price, but the overall impact is neutral as the dividend distribution is already expected by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100