Vici Properties revenues improve, profit narrows

Grossing $1.1 billion in the third quarter of 2026, Vici Properties grew its revenue by 5.8% percent, but profits plunged by 55.1% in the quarter to $342.5 million. Despite the tightened profit, the real estate investment trust (REIT) declared a 46-cent-per-share dividend on Wednesday, up 2.2 percent year over year, the ninth straight such increase. It also refinanced $1.8 billion in debt maturities by issuing new senior-grade notes. “Following a flurry of deal activity across the early stages of 2026, investment activity slowed across 3Q26, with emphasis on preemptively addressing its debt maturities,” Citizen analyst Mitch Germain wrote in a…