Dividend REITs: Realty Income vs. Vici Properties for Long-Term Investors
Income-focused investors are increasingly turning to real estate investment trusts (REITs) for reliable dividend yields. The sector's mandatory 90% payout ratio creates a compelling case for cash FLOW seekers, with Realty Income (O) and Vici Properties (VICI) emerging as top contenders.
Realty Income's five-decade track record and 15,600-property portfolio demonstrate remarkable resilience. Despite retail accounting for 80% of its rent roll, the REIT maintains 98.6% occupancy through strategic tenant selection—prioritizing businesses with brick-and-mortar advantages. Second-quarter rental rate increases of 3.4% signal pricing power in an e-commerce dominated era.