Can VICI Properties (VICI) Stay Cheap After Its Dividend Raise?

VICI Properties has seen its share price drift lower over the past year, and that slide puts a spotlight on a straightforward question for investors who care about fundamentals. Is the current valuation properly grounded in what the business is earning today? The stock has fallen 20.1% over the past 12 months, which puts recent sentiment and the earnings underpinning the valuation under sharper scrutiny. The recent move to raise the quarterly dividend to US$0.46 per share, following a...